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Australian state needs 125 GWh of energy storage by 2035, says report
Just 11% of the storage capacity Western Australia needs by 2035 is currently under construction, a new report finds, with transmission bottlenecks threatening billions in clean-industry investment across the state's two largest industrial hubs.
Agricultural issues behind recent rejection of Canadian CAES project, says official
Agricultural priorities were a key factor in a municipal council's recent rejection of a compressed air energy storage (CAES) project proposed by Bedrock Energy in Ontario, Canada, leaving the US geothermal startup without the municipal support needed to enter the province's storage procurement process.
UK grid connections reform mishandled, battery skip rates too high
Reform of Great Britain’s grid connections queue missed deadlines and was marred by inaccurate offers, poor developer engagement and digitalization issues, according to Ofgem. The regulator nevertheless found NESO delivered a “good performance” overall, meeting or exceeding expectations in seven of eight performance obligations.
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Global Battery Alliance launches Battery Passport pilots
The Global Battery Alliance (GBA) has just launched the second wave of its Battery Passport pilots, which includes 11 pilot consortia. This second wave will establish the Minimum Viable Product of the GBA Battery Passport with a product-level ESG (Environment, Social, Governance) score.
BESS, deep learning simulations: decrease in wholesale price variability
Donato Leo is the author of a study on the relationship between photovoltaics, batteries and wholesale energy prices in Italy. Leo's deep learning simulations suggest changes in energy prices as installed battery capacity increases.
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).
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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.
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).
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European battery market growth to drop off amid falling electricity prices
The latest analysis from SolarPower Europe reveals that, in 2023, Europe installed 17.2 GWh of new battery energy storage systems (BESS), up from up from 8.8 GW in 2022. While this marks the third consecutive year of doubling the annual market, much slower growth is expected in the years to come.
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