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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India’s 4 GWh standalone battery storage tender yields tariffs of $2,220 – $2,268/MW/month
The selected developers will set up battery energy storage projects in Gujarat, connected to the intrastate transmission system, on a build–own–operate basis. They will make the storage capacity available to Gujarat Urja Vikas Nigam Ltd for charging and discharging on an “on-demand” basis.
Romania: $150 million for storage in municipalities, funding for 500 MWh battery project
Energy Minister Bogdan Ivan has unveiled a new €150 million energy storage program, expected to deliver 385 MW of battery storage projects across Romanian municipalities. Meanwhile, one of the country’s largest standalone battery storage projects has secured financing.
Australia’s CIS Tender 8 to source aggregated small batteries for the first time
A market brief for the Capacity Investment Scheme Tender 8 has been released seeking 4 GW of four-hour equivalent clean dispatchable capacity projects in the National Electricity Market, and for the first time invites aggregrate projects to apply.
Utility-scale BESS to drive Czechia’s storage market
Analysis by Aurora Energy Research says recent regulatory changes in Czechia have opened the door to a considerable build-out in utility-scale battery energy storage systems (BESS). Wholesale and ancillary prices are offering strong opportunities in the short term, with a two-hour BESS switched on next year likely to reach an internal rate of return over 15%.
With Trump absent from COP30, Newsom says California leads the charge with 17 GW of battery storage
"While Donald Trump clings to fossil fuels and cedes clean energy manufacturing and jobs to China, California is building the future here at home," Governor Newsom said addressing the UN Climate Change Conference in Brazil.
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SolarPower Europe expels Huawei amid EU bribery probe
SolarPower Europe (SPE) has dropped Huawei as a member amid an EU corruption investigation, as the European Commission moves to sever ties with trade groups representing the Chinese tech giant. The decision marks the first such removal by the Brussels-based solar lobby.
Australian state preps up to 20 GWh of battery and pumped hydro capacity
The government of New South Wales (NSW) is granting grid access to 10 renewable energy and energy storage sites in the new Central West Orana Renewable Energy Zone (REZ) and utility AGL has acquired pumped hydro energy storage (PHES) projects at the Glenbawn and Glennies Creek reservoirs, in the Upper Hunter area.
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