EASE - The European Association for Storage of Energy’s Post

LF Energy Summit is a two-day event taking place 5-6 September in Brussels. The event explores how LF Energy accelerates the energy transition by building communities to develop open technologies and standards. The only way to meet decarbonization targets for energy systems is to work collaboratively to develop digital technologies and standards to optimize physical infrastructure, orchestrate supply and demand, and rapidly onboard clean energy resources. LF Energy Summit will gather the LF Energy community including electric utilities, technology vendors, global energy companies, researchers, and other industry stakeholders to learn about LF Energy and its projects, collaborate, and share best practices. Learn more at https://hubs.ly/Q02C7p0s0. #lfenergy #opensource #lfenergysummit #utilities #energy #energytransition #climatetech #decarbonization

LF Energy Summit is a two-day event taking place 5-6 September in Brussels. The event explores how LF Energy accelerates the energy transition by building communities to develop open technologies and standards. The only way to meet decarbonization targets for energy systems is to work collaboratively to develop digital technologies and standards to optimize physical infrastructure, orchestrate supply and demand, and rapidly onboard clean energy resources. LF Energy Summit will gather the LF Energy community including electric utilities, technology vendors, global energy companies, researchers, and other industry stakeholders to learn about LF Energy and its projects, collaborate, and share best practices. Learn more at https://hubs.ly/Q02C7pDJ0. #lfenergy #opensource #lfenergysummit #utilities #energy #energytransition #climatetech #decarbonization

Energy storage isn’t a one-size-fits-all solution. Since no single technology can best perform in all applications, each use-case for energy storage requires careful consideration of both cost and performance. In this webinar, we will: ➡️Introduce the technologies suitable for energy storage. ➡️Analyze the lifetime costs of each technology across multiple applications. ➡️Highlight projects that have successfully deployed innovative technologies. Last chance to sign up: https://lux.works/3uVot22

LF Energy Summit is a two-day event taking place 5-6 September in Brussels. The event explores how LF Energy accelerates the energy transition by building communities to develop open technologies and standards. The only way to meet decarbonization targets for energy systems is to work collaboratively to develop digital technologies and standards to optimize physical infrastructure, orchestrate supply and demand, and rapidly onboard clean energy resources. LF Energy Summit will gather the LF Energy community including electric utilities, technology vendors, global energy companies, researchers, and other industry stakeholders to learn about LF Energy and its projects, collaborate, and share best practices. Learn more at https://hubs.la/Q02FWy0B0. #lfenergy #opensource #lfenergysummit #utilities #energy #energytransition #climatetech #decarbonization

LF Energy Summit is a two-day event taking place 5-6 September in Brussels. The event explores how LF Energy accelerates the energy transition by building communities to develop open technologies and standards. The only way to meet decarbonization targets for energy systems is to work collaboratively to develop digital technologies and standards to optimize physical infrastructure, orchestrate supply and demand, and rapidly onboard clean energy resources. LF Energy Summit will gather the LF Energy community including electric utilities, technology vendors, global energy companies, researchers, and other industry stakeholders to learn about LF Energy and its projects, collaborate, and share best practices. Learn more at https://hubs.ly/Q02C79GK0. #lfenergy #opensource #lfenergysummit #utilities #energy #energytransition #climatetech #decarbonization

This week’s #ESGC2023 conference provided an excellent opportunity to explore the current regulatory and policy frameworks, the future storage market, and the latest developments in energy storage technologies. It was a pleasure to exchange with policy makers, business, research community and other present stakeholders. 🎙Anne-Katherina Weidenbach, Member of the Cabinet of the Energy Commissioner Kadri Simson, opened the ESGC with a keynote speech, stressing that “energy storage and flexibility services have moved from the background of the energy sector to the forefront.” 📈We applaud the European Commission's recent adoption of a new renewable energy plan which calls for clean energy to meet up to 45% of energy demand across the EU by 2030. Let’s not forget that those ambitious goals can only be successful if governments support the development of long duration energy storage. 📣Vanadium plays a crucial role in long-duration energy storage, particularly in the context of vanadium redox flow batteries (VRFBs). VRFBs are a type of energy storage technology designed for large-scale, grid-level applications but also remote off-grid locations. Vanadium's unique properties make it an ideal choice for these batteries, and it contributes to their effectiveness in long-duration energy storage: 🔹No degradation - The performance of the system remains constant throughout its life with minimal maintenance; 🔹Safety - The working fluid of the battery is water based and as such is totally non flammable; 🔹Sustainability - The vanadium chemistry of the battery is fully reusable and recyclable at the end of project life; 🔹Long life - With annual maintenance of filters and pumps, the system can easily last more than 20 years; 🔹Low energy cost - Over its 20 year lifespan, VRFB technology offers the lowest cost per kWh stored. https://lnkd.in/eAHSphxT #Vanadium #VRFB #energystorage

The use of battery energy storage in power systems is increasing. But while approximately 192GW of solar and 75GW of wind were installed globally in 2022, only 16GW/35GWh (gigawatts per hour) of new storage systems were deployed. To meet our Net Zero ambitions of 2050, annual additions of grid-scale battery energy storage globally must rise to an average of 80 GW annually between now and 2030. Regulations and policies in developing countries do not incentivize the adoption of battery energy storage systems, but a new framework developed by the The World Bank’s Energy Sector Management Assistance Program (ESMAP) could unlock knowledge and capital.

Energy storage is booming! More and more projects are looking at hybrid structures given the popularity of monetizing federal tax credits. We're excited to see how tax transferability will shake things up in 2024.

Join us at #Energy50 on Feb 28 for a transformative exploration into energy technology! https://lnkd.in/e_443gXi Discover cutting-edge innovations and key market trends in energy risk analytics, operational efficiencies, and more. Don't miss out on insights from our panel of experts, that could redefine your approach to energy management. On the agenda: - Navigating the energy landscape - Renewables in analytics and pricing - Examining the near and distant futures of LNG market - Power plant modelling- unveiling operations and analytics insights - Advancing operational analytics in the energy sector - Crafting an ETRM desk from inception: strategies and insights - Introducing general purpose technologies in the energy space and what's next! We will end the day with the announcement of the leading 50 EnergyTech vendors from our Energy50 report. We look forward to seeing you there. Register now! https://lnkd.in/e_443gXi #EnergyTech #Innovation #Sustainability #energy #riskmanagement #energy50 #risktech 

Energy storage had a record 2023, as the industry almost doubled cumulative capacity to around 16 GW from 8 GW in 2022. This brings total hybrid project capacity online now to over 30.7 GW, found our #CleanPowerAnnual23 Market Report. See more takeaways: https://bit.ly/3wTuVHC