Electric utility and generation company Tata Power has received regulatory approval to deploy a centrally controlled battery storage system in Mumbai, India.
IPP E energija Group has started building what it claims is the largest ‘private’ BESS project in Lithuania, a few weeks after the Baltic region decoupled from Russia’s electricity grid.
Energy software and consulting group Ascend Analytics CEO Gary Dorris discusses changes to ancillary services in the Electric Reliability Council of Texas (ERCOT) market and what asset optimisers need to do to stay ahead of the curve.
Energy storage optimisation specialist Habitat Energy has signed an agreement with Octopus Energy US to optimise a 50MW/100MWh tolled battery energy storge system (BESS) in the Electric Reliability Council of Texas (ERCOT) market.
The energy storage market in Italy has unique characteristics that mean more risk-averse investment funds will be able to enter, but upcoming auctions could be very competitive, driving down clearing prices, a director at consultancy Timera Energy said.
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.
Grid constraints have prevented Chile from maximising the potential of its world-class solar resources. Energy storage has, therefore, become a necessity to ensure the financial viability of PV projects.