At COP28 last week, 11 countries joined a global consortium aimed at securing 5GW of battery energy storage deployments in low or middle-income countries.

After a difficult couple of years which saw the trend of falling lithium battery prices temporarily reverse, a 14% drop in lithium-ion (Li-ion) battery pack cost from 2022-2023 has been recorded by BloombergNEF.

Cost and availability of raw materials is the biggest among a number of challenges that must be addressed if US-made products will be able to meet demand for battery storage in the country.

Prices of lithium and the battery supply chain for energy storage systems are becoming manageable once again, but lead times for transformers and other equipment have greatly extended.

Energy storage and clean energy advocate Anthony Price, organiser of the annual International Flow Battery Forum, returns to Guest Blogging.

Scaling up net zero-enabling battery storage technologies will require financiers and investors to share risks with developers, such as those over supply chain.

UGL has been selected to design, test and commission a BESS which will provide power for BHP’s iron ore port in Western Australia.

Samantha McGahan of Australian Vanadium on the electrolyte, which is the single most important material for making vanadium flow batteries.

CATL has committed to a carbon neutrality plan, identifying five ‘key links’ in its value chain to implement emissions reduction measures.

Elcora is developing a vanadium pentoxide plant in Morocco to complement raw materials extraction.