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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Ormat secures tolling agreements for 1.2 GWh of energy storage in Israel The U.S.-based renewable energy company has secured two separate 15-year fixed-price deals in a tender run by the Israeli Electricity Authority.
Marija Maisch
8 hours ago
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Pumped storage hydropower plant
Philippines’ green energy auction heavily oversubscribed with nearly 7 GW of pumped hydro bids   The country’s Green Energy Auction (GEA-3) attracted a cumulative 7.5 GW of projects, far surpassing the 4.65 GW installation target.
Marija Maisch
Feb 13, 2025
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Minister: Behind-the-meter storage eligible for Spanish grid capacity mechanism There was only one policy announcement of note, in the face of numerous industry demands, at Spain's third Green Hydrogen and Storage Summit, organized by the Spanish Solar Photovoltaic Association (UNEF) in Madrid this week.
Pilar Sanchez Molina
Feb 13, 2025
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Tata Power, ONGC to explore Indian battery storage opportunities Tata Power Renewable Energy Ltd and Oil and Natural Gas Corp (ONGC) have signed an agreement to jointly explore and identify commercial opportunities in the battery energy storage system (BESS) market.
Uma Gupta
Feb 13, 2025
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Cyprus introduces energy storage subsidy scheme Cyprus’ Ministry of Energy, Commerce and Industry has launched a subsidy scheme for energy storage systems that can be added alongside existing renewable energy plants. Eligible renewable power plants should be remunerated either by feed-in tariffs (FiTs) or net billing systems.
Ilias Tsagas
Feb 11, 2025
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A fork in the road for energy storage Faster-than-expected price falls and global oversupply of batteries will go up against a rising tide of global protectionism this year. So how will it all shape up for the energy storage industry? Storage industry thought leader and UN adviser Marek Kubik considers the key issues.
Marek Kubik
Feb 10, 2025
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EVE agrees 50 GWh battery cell supply deal with Hyperstrong The three-year supply agreement signals a major shift in energy storage system supply chain of the two companies, with EVE effectively squeezing out CATL as HyperStrong's key battery cell supplier.
Vincent Shaw
Feb 10, 2025

All Markets news

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Chart with Q1 2024 comparison of energy storage deployments
U.S. grid-scale storage grows 84%, residential storage 48% Wood Mackenzie reported large growth in Q1 year-over-year for grid-scale storage and residential storage in the USA, while commercial and industrial storage slowed.
Ryan Kennedy
Jun 19, 2024
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Bilen Akuzum and Lukas Hackl
Aepnus garners $8m for sodium sulfate recycling In the USA, Aepnus Technology has accrued $8 million in seed financing to accelerate the production of its novel end-to-end sodium sulfate recycling technology.
Carrie Hampel
Jun 18, 2024
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Tesla Powerwall
Octopus Energy and Tesla announce service integration in UK, Spain The partnership between the two energy tech giants will see Octopus install solar powered home battery Tesla Powerwall and Tesla customers utilize Octopus’ range of smart tariffs.
Patrick Jowett
Jun 18, 2024
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Chart showing Southeast Asia's cumulative installed pumped-hydro storage capacity over the next years
Southeast Asia targets 18 GW of pumped hydro by 2033  According to projections from Norwegian consultancy Rystad Energy, Southeast Asia’s share of pumped storage hydropower is set to increase nearly eightfold in less than a decade – from 2.3 GW today to 18 GW by 2033. Rystad’s figures say that there is currently 2.7 GW of pumped hydro storage under construction, while the remaining 13.3 GW is in various stages of development. 
Blathnaid O’Dea
Jun 17, 2024
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Energy Storage Systems
India’s NTPC launches 250 MW/500 MWh standalone battery storage tender Indian state-run power producer NTPC Ltd has invited bids to develop 250 MW/500 MWh of grid-connected standalone battery energy storage systems in Gadarwara, the state of Madhya Pradesh, central India and Solapur, the state of Maharashtra, western India.
Uma Gupta
Jun 17, 2024
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Azeglio LDES container
New York offers $5 million for long-duration storage projects The funding will advance the development and demonstration of scalable innovative long duration energy storage (LDES) solutions and be available via a competitive solicitation run by the New York State Energy Research and Development Authority (NYSERDA).
Marija Maisch
Jun 14, 2024
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Field of PV and wind mills
Germany, UK, Ireland, Poland offer best renewables + BESS colocation potential Market analytics provider Aurora Energy Research has examined the potential for colocation of renewables with battery energy storage systems (BESS) across 12 European countries. It found that Germany, Great Britain, the Ireland I-SEM, and Poland are leading the pack.
Marija Maisch
Jun 14, 2024
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Photo of Vienna
Austria offers €17.9 million to fund storage The Austrian authorities have offered €17.9 million ($19 million) to fund medium-sized electricity storage systems, with €10 million from the climate action protection ministry and €7.9 million from the European Agricultural Fund for Rural Development (EAFRD).
Sandra Enkhardt
Jun 14, 2024
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People with signed documents for pumped hydro projects
Bulgaria backed by EIB for 1.6 GW of pumped storage  The European Investment Bank (EIB) will conduct economic and technological feasibility studies on two Bulgarian pumped storage hydropower plants due to be operational by 2032. The projects will each add generation capacity of around 800 MW and will both come with a price tag of around €900 ($964) million. 
Blathnaid O’Dea
Jun 14, 2024

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