Essential Energy, a state-owned electricity infrastructure company, has switched on three community batteries in the New South Wales towns of Maloneys Beach, Leeton and Goulburn in Australia.
“We need to allow the technology to show us what the most cost effective solution for 10-20-hour duration energy storage is”, managing director of Adaptogen Capital James Mills says.
Developer Lion Storage has successfully reached financial close on a 1.4GWh battery energy storage system (BESS) set to be developed in the Netherlands.
“Short duration flexibility has a massive role to play in reducing the costs of the Great British energy system, saving £10 billion a year by 2050,” Duncan Stone said this morning at the Energy Storage Summit 2025 in the UK.