There will be ‘foundational’ shifts in the US’ two largest renewables and energy storage markets this year, California (CAISO) and Texas (ERCOT), significantly affecting battery storage market participation.
The European Commission has approved a €699 million (US$760 million) state aid scheme in Spain to support the deployment of up to 3.5GW of energy storage.
Battery storage can turn record-high instances of negative spot pricing in Australia’s National Electricity Market (NEM) into investment opportunities.
Industry executives from owner-operators BW ESS, Eku Energy, Gore Street, Field and NEOM answered questions from the audience on Day One of last month’s Energy Storage Summit EU 2025.
Independent power producer (IPP) RWE has commissioned a 35MW/41MWh BESS in the Netherlands, while commissioning is progressing on a smaller system with grid-forming capabilities.
On day one of the Energy Storage Summit Australia 2025, the audience heard that although 2 to 4-hour duration battery energy storage systems (BESS) are favourable, longer durations are starting to challenge this.
In light of lengthy interconnection delays, independent power producer (IPP) NextEra Energy Resources (NEER) has successfully renegotiated the terms of an offtake agreement associated with one of the developer’s solar and storage projects located in Clark County, Nevada.
February 2025 saw around 4.5GW/10.5GWh of grid-scale BESS deployments globally, with China continuing to account for the majority but Europe increasing its share from January.
The UK government has published a Technical Decision Document confirming crucial aspects of its long duration electricity storage (LDES) cap-and-floor scheme, which includes increasing the minimum duration required from six hours to eight.