Modo Energy has said that battery energy storage systems (BESS) in Australia’s National Electricity Market (NEM) earned an average of AU$148,000/MW (US$92,810/MW) in 2024, a 45% increase year-on-year.
The Institute of Electrical and Electronics Engineers (IEEE) has published information and recommendations for battery management systems (BMS) in stationary energy storage applications.
Renewable energy developers and IPPs discussed the growing attractiveness of co-locating storage and solar at Solar Finance & Investment Europe (SFIE) 2025 this week.
The start of 2025 has seen new and updated BESS revenue indexes launched for Germany as well as other other European markets, by optimiser enspired and consultancies Clean Horizon, Aurora Energy Research and LCP Delta.
Power purchase agreements (PPAs) have increasingly shown their limitations, and energy storage and flexibility resources can offer a solution, writes John Diklev, founder and CEO of Sweden-based optimiser and flexibility asset operator Flower.