Energy-Storage.news has gathered at North America’s largest industry event, Energy Storage.news. The industry is moving towards ESS 3.0, becoming a part of the grid infrastructure and a market where there are capacity markets created and energy markets created. Jaehong Park, CEO of LG ES Vertech, the battery manufacturer’s US-based system integrator subsidiary, says that the industry is focusing on improving energy density, round-trip efficiency, and improved availability. Concerns about cybersecurity and regulations regarding battery technology are also prevalent among customers and suppliers alike. Industry insiders suggest a collaborative approach to marketing what we do, with calls for more people committed to the energy transition away from fossil fuels to renewables and storage. The biggest concern for clients is uncertainty about what the administration will do after the election and changes in regulations.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
