Markets
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
Brazil can reach 7 GW in storage by 2035
Projections from the Energy Research Company (EPE), shared during the Absolar Storage Leaders event, depend on a stable legal framework and regulatory progress. Authorities and stakeholders in the electricity sector highlight the role of batteries in reducing costs, ensuring energy security, and expanding renewable energy.
10 hours ago
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Europe: AccelerateEU supports a 200 GW storage target, but omits financing mechanism
The European Commission’s AccelerateEU energy crisis plan endorses a 200 GW battery storage target for 2030 but proposes no dedicated financing mechanism to reach it, according to SolarPower Europe (SPE), which is calling for a separate EU-wide auction funded by emissions trading revenues.
Colombia launches long-term electricity auction, opens participation to battery energy storage systems
The resolution establishes 15-year contracts with obligations starting in 2030, along with an additional procurement window in 2035 for one of the products, with implementation scheduled before July 31, 2026.
Germany may curtail preferential treatment of large battery storage facilities near substations
The recently introduced preferential treatment for large battery storage facilities within a 200-meter radius of substations may soon be scaled back under the next amendment to the building code. At a minimum, lawmakers are considering tightening the eligible zone by introducing a minimum setback of 100 meters, effectively limiting the preferential treatment to projects located within a narrower band of 100 to 200 meters around substations.
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All Markets news
Energy Vault locks in 1.5 GWh of Peak Energy’s sodium-ion batteries for AI data centers
The companies will co-develop a full-stack storage platform – combining Peak Energy’s sodium-ion batteries with Energy Vault’s proprietary digital stack -dedicated to the Swiss company's AI infrastructure portfolio.
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In Brazil, batteries will now be subject to up to a 20% import tax
Following a decision by the Brazilian government, the three primary import classifications for batteries and energy storage systems will see their import tax rates rise to 20%. This move, aimed at capital and informatics goods, replaces the previous rates that ranged between 16% and 18%.
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SECI concludes 1.2 GW/4.8 GWh renewables-plus-storage tender at $0.07/kWh
The Solar Energy Corp. of India (SECI) has concluded its tender for the development of 1.2 GW of renewable energy projects coupled with energy storage systems (ESS), designed to provide 4.8 GWh of assured peak power supply daily (1,200 MW for four hours). The lowest discovered tariff under the auction was INR 6.27/kWh ($0.07/kWh).
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