Policy
Advertisement
Advertisement
Advertisement
Latest News
China scraps energy storage mandate for renewable energy plants
In a major policy shift towards electricity market liberalization, China has introduced contract for difference (CfD) auctions for renewable energy plants and removed the energy storage mandate, which has driven up to 75% of the nation's demand to date. S&P Global expects the move to reverberate throughout the global battery energy storage supply chain, further driving down prices that are already at historically low levels.
Mar 14, 2025
Advertisement
Mexico defines role of energy storage in National Electric System with 8.5 GW in the pipeline
The administrative provisions regulating the integration of EES into the National Electric System are in effect as of Monday. The incorporation of 8,412 MW of energy storage systems is planned for the 2024-2038 fiscal year.
UK T-4 auction paves the way to nearly 7 GW of new BESS capacity by 2028
Out of the 6.9 GW of battery energy storage systems (BESS) prequalified, which translates into 1.9 GW derated capacity, around 1.8 GW of derated BESS secured 15-year contracts in the UK's T-4 auction. This is nearly two time more than the volume procured last year. Only a week earlier, a record for BESS procurement was also set in the T-1 procurement.
UK regulator reveals criteria of LDES cap-and-floor scheme
Long duration energy storage (LDES) support scheme will have eight-hour minimum. First application round opens to well-established technologies, such as lithium-ion battery technology, with at least 100 MW capacity in April 2025. Flow batteries, compressed air, and liquid air likely to progress in second round, says regulator.
Australia accelerates approval for 6.3 GW of priority energy storage projects
A total of 16.5 GW of solar and wind generation and 6.3 GW of energy storage projects could benefit from an accelerated environmental approvals process as the Australian government works to deliver critical infrastructure needed to achieve its clean energy targets, including 82% renewable electricity by 2030.
Advertisement
All Policy news
Imported LFP battery cells from China could be cheaper than US-made products even after tariff hikes
While all lithium iron phosphate (LFP) battery cell supplies to the US currently come exclusively from China, local players are ramping up to start supplying the market from 2026 onwards. Different outcomes are on the table depending on the tariffs applied.
Advertisement
Global energy storage market: H1 2024 installation figures
Policy mandates in China have driven the global energy storage market in the first half of 2024 to new highs, backed by the rapid growth in the US market. Meanwhile, Europe posted mixed results. Robin Song, InfoLink Consulting’s energy storage analyst, breaks down the figures.
US power grid adds 4.2 GW of battery storage in H1 2024
Battery storage accounted for the second largest share of newly operating generating capacity in the United States during the first half of 2024. If all planned additions come online, this year could see a record amount of battery storage capacity added to the grid amounting to 15 GW.
Advertisement
Australian state of Victoria eyes 8.5 GW of energy storage by 2035
The Victorian government’s ‘Cheaper, Cleaner, Renewable: Our Plan for Victoria’s Electricity Future’ roadmap sets out a plan for delivering the state’s future energy systems needed to reach its 95% renewable generation target by 2035 and net zero target by 2045. The document emphasises building large-scale battery energy storage to help provide reliable renewable energy throughout the transition.
Battery storage for Germany’s energy transition: Unlocking untapped potential
Germany's energy transition is making significant progress: In the first half of 2024, the share of renewable energy in the electricity mix rose to 57 %. This new influx of renewable energy is pushing the power grid to its limits. Battery energy storage systems and an optimized redispatch procedure could play a key role in improving the integration of renewables and alleviating grid congestion. However, some hurdles still need to be overcome, according to Benedikt Deuchert of Kyon Energy.
Advertisement