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Austrian battery storage demand could rise eightfold to 8.7 GW by 2040
For the first time, an analysis shows how much storage capacity Austria needs on its path to 100% renewable electricity by 2030 and climate neutrality by 2040. Battery storage systems are seen as a key link for distributing solar power throughout the day and compensating for grid capacity gaps.
14 hours ago
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Perspective on flexibility: How batteries, demand response, and interconnectors are powering a new grid
As renewables surge and baseload plants retire, the energy system is facing an urgent need for flexible capacity to balance increasing volatility. While long-term solutions like batteries, interconnectors, and green hydrogen are underway, several short-term measures – from pairing new renewable energy plants with storage to leveraging underused grid connections – could help bridge the flexibility gap now. Sven Heiligtag, Managing Director at Vireo Ventures, explores both the challenges and actionable opportunities to stabilize the grid during the transition.
Australian scheme to deliver 100 neighborhood batteries kicks off final funding round
The Australian state of Victoria has launched its third and final round of grant funding through the 100 Neighbourhood Batteries Program, offering AUD$400,000 per battery through multiple streams of eligibility to a pool of nine council regions.
Delta Green and E.ON offering $234 a year to households for grid flexibility
The virtual power plant (VPP) revolution is rolling out, with E.ON offering flexibility to the grid from home batteries, electric vehicle chargers, solar exports, and more, via Delta Green's software, and paying households for the optionality.
Researchers identify optimal level of solar, battery storage for Europe
Scientists in Hungary have developed a model to calculate the optimal PV and battery storage balance to support the European grid in the next few years. They found the cost-optimal range is 530 GW to 880 GW of solar, combined with battery storage equivalent to 2.5% to 7.5% of the total intermittent capacity.
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Tesvolt battery storage to benefit from “Made in Europe” funding bonus in Austria
Tesvolt's new battery modules, each offering 6.25 kilowatt-hours of storage capacity and a scalable design, are set to receive Austria's "Made in Europe" funding bonus. This eligibility stems from their production in Wittenberg, Germany. The bonus will be introduced with the upcoming funding call in June.
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