Markets
Markets ESS News
Markets ESS News

Policymakers are increasingly recognizing the value of energy storage for building a greener, flexible, and reliable energy system. In a growing number of markets, energy policies are being introduced to support both deployment and local manufacturing.

Be it through procurement exercises or other market mechanisms, policymakers have intensified efforts to drive the development and deployment of all energy storage solutions.
However, in most markets, some barriers still exist.

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Latest News

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Tesla Powerwall
Octopus Energy and Tesla announce service integration in UK, Spain
The partnership between the two energy tech giants will see Octopus install solar powered home battery Tesla Powerwall and Tesla customers utilize Octopus’ range of smart tariffs.
Patrick Jowett
5 hours ago
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Chart showing Southeast Asia's cumulative installed pumped-hydro storage capacity over the next years
Southeast Asia targets 18 GW of pumped hydro by 2033 
According to projections from Norwegian consultancy Rystad Energy, Southeast Asia’s share of pumped storage hydropower is set to increase nearly eightfold in less than a decade – from 2.3 GW today to 18 GW by 2033. Rystad’s figures say that there is currently 2.7 GW of pumped hydro storage under construction, while the remaining 13.3 GW is in various stages of development. 
Blathnaid O’Dea
23 hours ago
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Energy Storage Systems
India’s NTPC launches 250 MW/500 MWh standalone battery storage tender
Indian state-run power producer NTPC Ltd has invited bids to develop 250 MW/500 MWh of grid-connected standalone battery energy storage systems in Gadarwara, the state of Madhya Pradesh, central India and Solapur, the state of Maharashtra, western India.
Uma Gupta
Jun 17, 2024
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Azeglio LDES container
New York offers $5 million for long-duration storage projects
The funding will advance the development and demonstration of scalable innovative long duration energy storage (LDES) solutions and be available via a competitive solicitation run by the New York State Energy Research and Development Authority (NYSERDA).
Marija Maisch
Jun 14, 2024
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Field of PV and wind mills
Germany, UK, Ireland, Poland offer best renewables + BESS colocation potential
Market analytics provider Aurora Energy Research has examined the potential for colocation of renewables with battery energy storage systems (BESS) across 12 European countries. It found that Germany, Great Britain, the Ireland I-SEM, and Poland are leading the pack.
Marija Maisch
Jun 14, 2024
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Photo of Vienna
Austria offers €17.9 million to fund storage
The Austrian authorities have offered €17.9 million ($19 million) to fund medium-sized electricity storage systems, with €10 million from the climate action protection ministry and €7.9 million from the European Agricultural Fund for Rural Development (EAFRD).
Sandra Enkhardt
Jun 14, 2024
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People with signed documents for pumped hydro projects
Bulgaria backed by EIB for 1.6 GW of pumped storage 
The European Investment Bank (EIB) will conduct economic and technological feasibility studies on two Bulgarian pumped storage hydropower plants due to be operational by 2032. The projects will each add generation capacity of around 800 MW and will both come with a price tag of around €900 ($964) million. 
Blathnaid O’Dea
Jun 14, 2024
Intersolar event 2024
EVENTS
Visit us at Intersolar Europe
We are participating in Intersolar 2024 again this year! Visit us at our Booth Hall 2 A2.250 to discuss the latest trends within the photovoltaic industry with the pv magazine team.

June 19-21, 2024 | Munich, Germany

All Markets news

View article
Tesla Powerwall
Octopus Energy and Tesla announce service integration in UK, Spain
The partnership between the two energy tech giants will see Octopus install solar powered home battery Tesla Powerwall and Tesla customers utilize Octopus’ range of smart tariffs.
Patrick Jowett
5 hours ago
View article
Chart showing Southeast Asia's cumulative installed pumped-hydro storage capacity over the next years
Southeast Asia targets 18 GW of pumped hydro by 2033 
According to projections from Norwegian consultancy Rystad Energy, Southeast Asia’s share of pumped storage hydropower is set to increase nearly eightfold in less than a decade – from 2.3 GW today to 18 GW by 2033. Rystad’s figures say that there is currently 2.7 GW of pumped hydro storage under construction, while the remaining 13.3 GW is in various stages of development. 
Blathnaid O’Dea
23 hours ago
View article
Energy Storage Systems
India’s NTPC launches 250 MW/500 MWh standalone battery storage tender
Indian state-run power producer NTPC Ltd has invited bids to develop 250 MW/500 MWh of grid-connected standalone battery energy storage systems in Gadarwara, the state of Madhya Pradesh, central India and Solapur, the state of Maharashtra, western India.
Uma Gupta
Jun 17, 2024
View article
Azeglio LDES container
New York offers $5 million for long-duration storage projects
The funding will advance the development and demonstration of scalable innovative long duration energy storage (LDES) solutions and be available via a competitive solicitation run by the New York State Energy Research and Development Authority (NYSERDA).
Marija Maisch
Jun 14, 2024
View article
Field of PV and wind mills
Germany, UK, Ireland, Poland offer best renewables + BESS colocation potential
Market analytics provider Aurora Energy Research has examined the potential for colocation of renewables with battery energy storage systems (BESS) across 12 European countries. It found that Germany, Great Britain, the Ireland I-SEM, and Poland are leading the pack.
Marija Maisch
Jun 14, 2024
View article
Photo of Vienna
Austria offers €17.9 million to fund storage
The Austrian authorities have offered €17.9 million ($19 million) to fund medium-sized electricity storage systems, with €10 million from the climate action protection ministry and €7.9 million from the European Agricultural Fund for Rural Development (EAFRD).
Sandra Enkhardt
Jun 14, 2024
View article
People with signed documents for pumped hydro projects
Bulgaria backed by EIB for 1.6 GW of pumped storage 
The European Investment Bank (EIB) will conduct economic and technological feasibility studies on two Bulgarian pumped storage hydropower plants due to be operational by 2032. The projects will each add generation capacity of around 800 MW and will both come with a price tag of around €900 ($964) million. 
Blathnaid O’Dea
Jun 14, 2024
View article
CATL batteries
CATL, Gotion deny US accusations of forced labor
US lawmakers have urged for Chinese battery heavyweights CATL and Gotion High-Tech to be immediately added to an import ban list under the Uyghur Forced Labor Prevention Act. Both manufacturers have adamantly denied the allegations.
Marija Maisch
Jun 12, 2024
View article
Screenshot of BESS market in Europe
European battery market growth to drop off amid falling electricity prices
The latest analysis from SolarPower Europe reveals that, in 2023, Europe installed 17.2 GWh of new battery energy storage systems (BESS), up from up from 8.8 GW in 2022. While this marks the third consecutive year of doubling the annual market, much slower growth is expected in the years to come.
Marija Maisch
Jun 12, 2024

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