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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Western Australia tender attracts seven times planned capacity, awards 2.6 GWh of battery storage The sites, awarded in the first round of the state's auctions under the national Capacity Investment Scheme (CIS), will have a total capacity of 654 MW/2,595 MWh.
Ev Foley
3 hours ago
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US energy storage installations grow 33% year-over-year Storage deployment in the United States grew across all segments and is forecast to grow another 25% in 2025, according to Wood Mackenzie.
Ryan Kennedy
3 hours ago
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SolarPower Europe calls for ‘at least 10 times more battery storage by 2030’ The PV trade body says an energy system based on renewables, grid flexibility, energy storage, and electrification could save European Union taxpayers €30 billion ($32.8 billion) annually in system costs by 2030.
Pilar Sanchez Molina
Mar 19, 2025
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‘EU aim of 90% European batteries by 2030 is way off’ European battery cell demand could hit 1 TWh per year by 2030 so domestic manufacturing capacity is vital to avoid dependence on Asia. Germany's Fraunhofer Institute for Systems and Innovation Research (ISI) says the European Union's 90% local battery target will be missed in half of its modeled scenarios.
Sandra Enkhardt
24 hours ago
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Greece launches 4.7 GW utility-scale battery storage program Following a brief consultation in late February, the Greek government has unveiled a new battery storage program targeting 4.7 GW of utility-scale, standalone projects which will be given a priority connection and operated on a merchant basis without subsidy support. The decision detailing the new program is the last policy made by the energy ministry before a cabinet reshuffle initiated last week.
Ilias Tsagas
Mar 18, 2025
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EU approves Spain’s €700m energy storage subsidy plan The European Commission on Monday greenlit a new aid scheme to enable Spain to deploy large-scale energy storage with co-financing of up to 85%.
Pilar Sanchez Molina
Mar 18, 2025
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UK BESS revenues quadruple in one year, Cornwall Insight reports Battery energy storage systems (BESS) benefit from new 'Quick Reserve' grid stabilizing service. Cornwall Insight’s records 30-day rolling average of GBP 92,000/MW/year ($119,500/MW/year) in January 2025.
Matthew Lynas
Mar 18, 2025

All Markets news

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Spain preps grants for energy storage and grid demand management A consultation exercise has been opened into a plan to distribute European Regional Development Fund (ERDF) cash into large-scale energy storage and grid flexibility sites and into customer-side electricity demand management technology.
Pilar Sanchez Molina
Mar 17, 2025
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US states tendering for 550 MW of energy storage A request for proposals (RfP) has been drawn up for around 450 MW of storage capacity in Michigan and Tennessee Valley Authority (TVA) wants a 100 MW battery energy storage system (BESS) for its new 1.55 GW gas and 4 MW solar energy hub.
Ryan Kennedy, Anne Fischer
Mar 17, 2025
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Battery energy storage system
Indian state tenders 1 GWh of batteries Up to 30% of battery energy storage system (BESS) capital cost, or $31,000 per megawatt-hour of storage capacity, will be available in central government funding for the projects, in Tamil Nadu.
Uma Gupta
Mar 17, 2025
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China scraps energy storage mandate for renewable energy plants In a major policy shift towards electricity market liberalization, China has introduced contract for difference (CfD) auctions for renewable energy plants and removed the energy storage mandate, which has driven up to 75% of the nation's demand to date. S&P Global expects the move to reverberate throughout the global battery energy storage supply chain, further driving down prices that are already at historically low levels.
Marija Maisch
Mar 14, 2025
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Philippines issues terms for renewables auction with storage Pairing solar plants with battery energy storage systems (BESS) will be the main strategic focus for the country's upcoming renewable energy auction. Each project must have a minimum storage duration of four hours to ensure sufficient grid support and energy reliability.
Blathnaid O’Dea
Mar 14, 2025
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Mexico defines role of energy storage in National Electric System with 8.5 GW in the pipeline The administrative provisions regulating the integration of EES into the National Electric System are in effect as of Monday. The incorporation of 8,412 MW of energy storage systems is planned for the 2024-2038 fiscal year.
Pilar Sanchez Molina
Mar 14, 2025
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Australian home batteries charge ahead, with VoltX recording a 500% uptake spike VoltX Energy has reported seeing a record 500% spike in demand for residential solar battery storage in the past 12 months, expanding from New South Wales into Queensland and the South Australian markets, to keep up with demand.
Ev Foley
Mar 14, 2025
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Enervis BESS Index: What revenues can and could be achieved with large battery storage systems in Germany With the large-scale battery storage market in Germany on the cusp of a rapid expansion, consultancy Enervis is examining how revenues have evolved recently and what the future holds.
Jonas Anthonioz, Mirko Schlossarczyk
Mar 13, 2025
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UK T-4 auction paves the way to nearly 7 GW of new BESS capacity by 2028 Out of the 6.9 GW of battery energy storage systems (BESS) prequalified, which translates into 1.9 GW derated capacity, around 1.8 GW of derated BESS secured 15-year contracts in the UK's T-4 auction. This is nearly two time more than the volume procured last year. Only a week earlier, a record for BESS procurement was also set in the T-1 procurement.
Marija Maisch
Mar 13, 2025

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