US grid storage needs further policy action – Wartsila
Storage will be a key part of enabling the grid to be supplied by 40-60pc renewables
The US Department of Energy’s latest energy ‘earthshot’ initiative will not completely solve the problem of achieving cost-effective grid-scale energy storage at scale, according to Andy Tang, vice president of global energy storage and optimisation at engineering firm Wartsila. The initiative is designed to reduce the cost of grid-scale long-duration energy storage by 90pc within the decade by accelerating breakthroughs in research and development. Announcing the initiative, US energy secretary Jennifer Granholm said more storage was needed for the hundreds of gigawatts of clean energy that were to be added to the grid over the next few years. “Bold goals will help, but there is n

Also in this section
22 July 2025
Sinopec hosts launch of global sharing platform as Beijing looks to draw on international investors and expertise
22 July 2025
Africa’s most populous nation puts cap-and-trade and voluntary markets at the centre of its emerging strategy to achieve net zero by 2060
17 July 2025
Oil and gas companies will face penalties if they fail to reach the EU’s binding CO₂ injection targets for 2030, but they could also risk building underused and unprofitable CCS infrastructure
9 July 2025
Latin American country plans a cap-and-trade system and supports the scale-up of CCS as it prepares to host COP30