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Californian city introduces temporary moratorium on battery storage sites
While the San Diego County Board of Supervisors had unanimously rejected a proposed moratorium on battery energy storage systems (BESS) only a month ago, Escondido has now officially passed an interim urgency ordinance prohibiting new commercial BESS developments within the city.
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Global energy storage fleet to surpass 1 TW/3 TWh by 2033, WoodMac says
According to the latest forecast from Wood Mackenzie, the global energy storage market (excluding pumped hydro) is on track to reach 159 GW/358 GWh by the end of 2024 and grow by more than 600% by 2033, with nearly 1 TW of new capacity expected to come online.
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Interview with Trina Storage: We expect consolidation in the coming years
In a recent interview with pv magazine Italia, Gabriele Buccini, head of utility storage at Trina Solar, talked about the company's vertical integration and its forecasts for the storage market. “There is enough capacity available to drive prices down in 2024 in an anomalous way,” Buccini said when talking about global battery energy storage production levels.
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In Conversation: How cheap can battery storage get?
Rapidly declining battery energy storage prices are on everyone’s lips, but rare are the ones who can say for how long costs can stay on a downward trajectory. pv magazine ESS News sat down with Taipei-based InfoLink Consulting to hear their take on the market developments.
Jul 04, 2024
Pumped hydro projects declared high priority by NSW state government in Australia
Three pumped hydro projects that would deliver a combined 1,035 MW / 9,480 MWh of dispatchable capacity are among six projects that have been declared critical state significant infrastructure by the New South Wales (NSW) state government in Australia, potentially smoothing the way for their approval.
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