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
2 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
23 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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Australia’s next CIS tender to procure 10 GW solar, wind, storage The Australian government will supercharge its program of underwriting renewable energy generation and clean dispatchable generation capacity by significantly expanding the next auction in its flagship Capacity Investment Scheme (CIS) policy.
David Carroll
Oct 21, 2024
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Europe’s energy transition hinges on energy storage action plan For the rollout of solar and wind energy in the EU to keep up the momentum and deliver on the block's decarbonization goals, a comprehensive action plan on energy storage is needed, say representatives of Europe's clean energy industry.
Marija Maisch
Oct 18, 2024
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Sweden’s OX2 buys wind-plus-storage project in Western Australia Sweden-headquartered global renewable solutions company OX2’s purchase of a proposed Western Australia 1 GW wind farm, includes an indicative 100 MW battery energy storage system north of Perth.
Ev Foley
Oct 18, 2024
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Huawei’s view on Italian battery storage market Gianluca Proietti of Huawei tells pv magazine Italia about the Chinese company's prospects in Italy, analyzing market possibilities and complexity.
Sergio Matalucci
Oct 18, 2024
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A look at next generation battery cells The battery industry is experiencing a seismic shift with advancements in prismatic cell technology, led by companies like Cornex, which promise to reshape energy storage solutions.
John Fitzgerald Weaver
Oct 17, 2024
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BatX Energies partners with LW3 on battery passports Indian lithium battery recycler BatX Energies will leverage LW3’s blockchain- and IoT-based digital product passport solutions for comprehensive tracking of battery history, usage, and material provenance from production to end-of-life, ensuring a circular economy for battery materials. The partnership aims to streamline the approach to meeting compliance requirements, in markets such as Europe.
Uma Gupta
Oct 17, 2024
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Germany wraps up renewables-plus-storage tender with average price of $0.0771/kWh The nation's latest renewables-plus-storage procurement exercise awarded 50 projects with an average electricity price of €0.0709 ($0.0771)/kWh.
Ralph Diermann
Oct 17, 2024
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Illinois energy storage legislation calls for 8.5 GW of projects through 2050 Two proposed bills aimed at improving grid reliability via small scale energy systems could save bill payers $3 billion through 2050.
Ryan Kennedy
Oct 16, 2024
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Finland’s University of Oulu drives battery recyclability and supply chain research The EU-funded Horizon Europe projects Safeloop and Streams aim to extend lithium-ion battery life and recyclability and explore the use of industrial by-products as battery materials.
Max Hall
Oct 16, 2024

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