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"...unprecedented energy crisis we are facing shows that we need to make the electricity market design fit for the future," energy commissioner Kadri Simson (pictured in 2019), said. Image: European Parliament.

EU Electricity Market Design ‘needs to value energy storage and other flexibility options’

January 24, 2023
EU reforms of electricity market should recognise value of flexibility options like energy storage, according to representatives of Fluence.
inflation reduction act battery tariffs

US’ tax credit incentives for standalone energy storage begin new era

January 5, 2023
The Inflation Reduction Act’s incentives for energy storage projects in the US came into effect on 1 January 2023.
Kathy Hochul, Governor of New York. Image: Governor Kathy Hochul official Flickr.

New York proposes grid-scale energy storage tenders in roadmap to meet 6GW target by 2030

January 3, 2023
A new roadmap outlining how New York can meet ambitious energy storage targets has been welcomed as “comprehensive and thoughtful”.
Key Capture Energy New York

New York climate plan has ‘major role’ for energy storage across different sectors

December 22, 2022
Energy storage plays important role across multiple sectors in a plan for the “deep decarbonisation” of New York State approved this week.
Anthony Albanese (pictured) and the Labor Party have taken on board the need for storage in making clean energy dispatchable, Dr Bruce Mountain said. Image: Anthony Albanese's office via Twitter.

‘Major breakthrough’: Australia’s support for energy storage tackles key electricity policy issue

December 21, 2022
Australian energy ministers’ agreement to tender for renewable energy and energy storage is a “major breakthrough in federal policy”.
Rendering of a 4.3MWh Microvast ME-43000-UL ESS Container unit. Image: Microvast.

Microvast wins 1.2GWh BESS contract, weeks after EV battery maker’s energy division launch

December 8, 2022
Microvast, a Texas-headquartered company manufacturing battery cells and storage systems, has won 1.2GWh battery storage deal.
Australian energy minister Chris Bowen (centre) convened a meeting with the country's state energy ministers in December, agreeing the plan to launch tenders in principle. Image: Chris Bowen via Twitter.

Australia will hold tenders to prioritise right mix of renewables and storage

December 8, 2022
Australia will launch a scheme to incentivise investment in the right mix of low-carbon energy sources and energy storage.
Yallourn power plant, scheduled for closured in 2028. Image: Wikimedia user Stephen Edmonds.

New Jersey’s last coal power plant implodes to make way for energy storage

December 5, 2022
Last coal-fired power station in New Jersey demolished, with facility’s owner committing to deploying energy storage at the site.
A 50MW short-duration battery storage project in County Meath, Ireland. Image: Iberdrola.

Ireland launches consultation on energy storage policy framework

December 1, 2022
Irish government has launched a consultation to help direct the development of a policy framework for energy storage.
Wandoan South, a Vena Energy BESS project in Queensland, Australia. Image: Vena Energy.

Australia’s Climate Council renews calls for a renewable energy storage target policy

November 18, 2022
Australia needs its government’s support for low-carbon energy to extend to a policy target for energy storage.

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