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
Irish regulator plans to reduce grid fees for energy storage
If the proposals by the Commission for Regulation of Utilities are implemented, all energy storage units would be charged solely under generator Transmission Use of System (TUoS) tariffs for the 2026/2027 tariff year, which begins on 1 October 2026.
Apr 30, 2026
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Installed BESS capacity in Spain grew by 589% since 2025 blackout
Some of the consequences of the blackout include a 589% increase in installed BESS capacity in Spain between April 2025 and April 2026, the introduction of renewable participation in voltage control, a greater role for gas in the generation mix, and continued progress on interconnections.
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.
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.
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All Markets news
Illinois responds to OBBBA with 3 GW of energy storage, VPPs, and more
The state is moving an energy bill through the legislature, that would – among other things – institute a 3 GW energy storage goal, create virtual power plant (VPP) and time of use plans, enact permitting reform, and more while concurrently reopening the solar program allowing it to more than double the year’s capacity goals.
Key takeaways from All Energy Australia 2025
The strong interest in battery storage was evident on the trade show floor, riding the wave of a rapid surge in residential BESS adoption. Moreover, despite the ongoing challenge of solar price cannibalization, Australia’s PV market appears poised for a period of accelerated growth.
Sunotec, Shell seal cross-border hedge for 600+ MWh battery storage
In a double announcement, Bulgarian energy storage and solar developer Sunotec confirmed two major milestones: the signing of a cross-border spread hedge agreement with Shell, linked to more than 600 MWh of battery energy storage projects, and the official signing of a 2.4 GWh battery storage supply agreement with Sungrow.
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Batteries make strong contribution in Belgium’s latest capacity market auctions
As in last year’s auctions, battery storage accounted for nearly all of the new-build capacity selected in the three 2025 capacity market auctions. Across all procurements to date, 1.6 GW of new-build battery capacity has been awarded capacity payments by the winter of 2029-2030.
Stable, not volatile: How battery storage shapes electricity prices
The energy transition is facing a new challenge: rather than being determined by the total amount of energy generated, supply security is now dependent on its flexibility. The availability of electricity increasingly depends on when and where it is fed into or extracted from the grid, rather than on its overall production alone, writes Philipp Merk, founder and managing director of Kyon Energy.
LatAm and the Caribbean will need more than 46 GW of energy storage by 2035
The White Paper on Energy Storage in Latin America and the Caribbean published by the Latin American Energy Organization (OLADE) identifies 2.5 GW of installed capacity and an additional 6.5 GW under development. The report emphasizes the need to accelerate investments and establish specific regulatory frameworks to integrate battery storage, green hydrogen, and thermal energy systems.
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Mexico emerges as benchmark for energy storage development in LatAm
The White Paper on Energy Storage in Latin America and the Caribbean, published by the Latin American Energy Organization (OLADE), highlights Mexico’s introduction of a groundbreaking regulation in the region. The new rule requires solar and wind power plants to include battery systems with a capacity equivalent to 30% of their installed power, aiming to add 574 MW of storage by 2028.
Sembcorp, Mitsubishi announce two battery storage firsts for Singapore
Sembcorp has successfully piloted a battery stacking solution at the nation’s largest operating battery energy storage project, while Mitsubishi has announced plans for Singapore’s first battery-backed combined cycle gas turbine (CCGT) power plant.
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