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 falls short of its battery storage potential, expected to reach 1 GW in 2026
The Brazilian Association of Energy Storage Solutions gathered executives to debate applications that could solve systemic challenges facing the Brazilian electricity sector. The issue, they argue, goes beyond a "BESS vs. thermal or renewables vs. energy security" debate, but involves finding the best combination of security, price, 'renewability', and flexibility.
May 22, 2026
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US deploys quarterly record 10 GWh of energy storage amid energy security push
A new report from SEIA and Benchmark Mineral Intelligence highlights a 32% year-over-year surge in the battery market, driving an upward revision to the nation’s five-year deployment pipeline despite mounting regulatory gridlock.
IRENA proposes global electrification target of 35% by 2035: Storage targets of 2.5 TW in 2035, 6.9TW by 2050
New report from the International Renewable Energy Agency (IRENA) says renewables will be key to meeting rising global demand for electricity but with up to 2.5 TW of solar, storage and wind projects already in connection queues worldwide, increased investment in grid infrastructure will be pivotal.
Brazil increases import tax on batteries at local manufacturer’s request
The measure raises the import tariff from 18% to 25% for 48V LFP batteries intended for stationary applications in telecommunications and photovoltaic systems of up to 4.8 kW until May 2027, following a request from the domestic industry via LETEC. For other batteries classified as lithium-ion electric accumulators, the reduced rate of 18% remains.
Australia opens Tenders 8 and 9 for 2.5 GW of solar and wind alongside 12.5 GWh of storage
The state of New South Wales in Australia is rolling out two of the biggest renewable energy tenders in the state’s history, seeking 2.5 GW of new generation capacity in addition to 12.5 GWh of long-duration energy storage.
India awards 10.4 GW of standalone BESS capacity in 2025, but tariff viability remains a concern
India allocated a total of 10.4 GW of standalone battery energy storage system (BESS) capacity in 2025, with 2-hour, 2-cycle systems accounting for the majority of this allocation. Tariffs fell sharply during the year, however.
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UK floats capacity market rule changes for BESS and other technologies
Proposals could see BESS assets self-nominate their connection capacity at auction to ensure long-term delivery, despite degradation, as well as simplifying reporting rules for behind-the-meter storage assets traded by demand-side response aggregators.
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Germany solar industry association pushes for binding 2030 target of 100 GWh of battery storage
Today's installed capacity would have to quadruple over the next five years to attain that goal. The association has also made recommendations on how storage expansion can be accelerated and can support the energy system.
Australia’s rooftop PV rides wave of distributed storage adoption
Australia’s rooftop solar market has climbed by more than 16% in the past month with the latest data revealing that 237 MW of small-scale rooftop PV capacity was installed last month as consumers increasingly turned to solar-plus-storage solutions.
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Romania’s grid operator publishes rules for capacity auctions
All generation and energy storage facilities of 5 MW or larger in Romania will be required to secure grid access via annual auctions beginning January 2026. The country’s transmission and system operator, Transelectrica, has published how it plans to implement the auctions.
Jinko: Italy’s MACSE auction reflects bets on supply chain deflation, compressed IRRs
Jinko Power's country manager for Italy has told pv magazine Italia the €12,000 ($14,000) per megawatt-hour, per year to €15,000/MWh/year price for storage set in Italy's Mercato a termine degli stoccaggi (MACSE) auction does not reflect current European project prices. Rather, bidders are betting on continuing price falls, Felice Lucia said.
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