What is Lina energy?

LiNa Energy is helping the energy sector accelerate the transition to Net Zero, through our safer and more sustainable alternative to lithium ion. We are leading the charge to develop and commercialise low-cost solid state sodium batteries, with a focus on the renewable energy storage market.

When is long-term energy storage important?

“This is when long - term energy storage becomes crucial.” Long duration energy storage (LDES) generally refers to any form of technology that can store energy for multiple hours, days, even weeks or months, and then provide that energy when and if needed.

What is long duration energy storage (LDEs)?

Long duration energy storage (LDES) generally refers to any form of technology that can store energy for multiple hours, days, even weeks or months, and then provide that energy when and if needed. It is a technology that is essential if the world is to increase the proportion of renewable energy, given it is an inherently intermittent source.

What is the long duration energy storage Investment Support Scheme?

Long Duration Electricity Storage investment support scheme will boost investor confidence and unlock billions in funding for vital projects. The UK is a step closer to energy independence as the government launches a new scheme to help build energy storage infrastructure.

What happened to Lina energy?

LiNa Energy’s last funding came in October 2021, when the company raised £3.5m. Battery startup LiNa Energy has closed a £3m late seed funding round to accelerate the company’s technological development and growth.

Which countries have pumped energy storage capacity?

Europe and China are leading the installation of new pumped storage capacity – fuelled by the motion of water. Batteries are now being built at grid-scale in countries including the US, Australia and Germany. Thermal energy storage is predicted to triple in size by 2030. Mechanical energy storage harnesses motion or gravity to store electricity.