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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Renewable energy is not dead — despite the pessimism that has gripped markets since Donald Trump’s election. Regardless of what may happen stateside, countries in Europe are still pressing ahead with ambitious clean energy targets. The EU is expected to build on average 22 gigawatts of new wind farms alone every year between 2024 and 2030. Greater deployment of wind and solar will also bring benefits for other technologies — including newer energy storage methods such as liquid air.
Definitions of long duration energy storage (LDES) can vary but typically it is any technology that can store electricity for periods ranging from eight hours to weeks and months. This capability has long existed through pumped storage hydro plants — or water batteries — which use power at times of excess production to…
