Last week's fire at a Zambian energy storage project sent shockwaves through the renewable energy sector. While details are still emerging, here's what we know: This isn't just another industrial accident – it's a wake-up call. [pdf]
Electricity can be stored directly for a short time in capacitors, somewhat longer electrochemically in , and much longer chemically (e.g. hydrogen), mechanically (e.g. pumped hydropower) or as heat. The first pumped hydroelectricity was constructed at the end of the 19th century around in Italy, Austria, and Switzerland. The technique rapidly expanded during the 196. [pdf]
Among 147 projects under construction, electrochemical storage is the leading technology, with 10.4 GW, followed by pumped storage hydropower plants, with 2.7 GW. By far, the largest number of projects are located in the United Kingdom – 66 (6,2 GW). [pdf]
[FAQS about European energy storage project ranking]
State-owned power utility Elektroprivreda Srbije (EPS) has announced a tender to develop a preliminary design and feasibility study for the construction of a pumped-storage hydropower plant (RHE) Bistrica. [pdf]
In the context of achieving the dual carbon goal, pumped storage technology has been given high hopes. Small and medium-sized pumped storage power stations have flexible site selection, do not involve ecological re. [pdf]
Described as Zambia's inaugural solar facility equipped with battery storage, the project holds an estimated value of $65 million. It is slated to commence commercial operations by September 2025, aiming to supply electricity to a minimum of 65,000 households. [pdf]
Liquid fuels Natural gas Coal Nuclear Renewables (incl. hydroelectric) Source: EIA, Statista, KPMG analysis Depending on how energy is stored, storage technologies can be broadly divided into the following t. [pdf]
Neom's utility subsidiary, Enowa, is expected to issue the request for proposals (RFP) for a contract to develop and operate the first phase of Neom's pumped hydropower storage (PHS) network in the fourth quarter of 2024. [pdf]
A tender held to procure 1.5 GW of four- to 10-hour battery energy storage system (BESS) project capacity for the US state of Massachusetts has attracted bids for 13 sites, including from an existing pumped hydro energy storage (PHES) site. [pdf]
Interested bidders can register company information on the PowerAdvocate website and can attend a virtual pre-RFP process on March 25, 2025. Bids are due June 27, 2025 and DTE said it expects to execute contracts by Q1 2026. [pdf]
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