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Michigan approves 1.3 GW BESS portfolio, including contested Oracle data center assets
Approved DTE Electric storage facilities include one asset backed by a 20-year tolling agreement, two self-build contracts and three batteries to serve an Oracle-owned data center. The energy regulator has denied a petition from the state’s attorney general to revisit BESS approvals.
German municipality pioneers land pooling model for utility-scale BESS
Much like grid connections, suitable areas for large-scale battery energy storage systems (BESS) can be hard to come by. In Laichingen, Germany, local government and private landowners take a pooling approach from the wind sector to support battery storage deployment.
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Australia becomes world’s third-largest utility battery market
Australia is the third-largest market worldwide for large-scale energy storage by capacity and is blitzing the field in per capita battery storage installations, with more than 1 GWh per million people – double that of nearest rival the United Kingdom.
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Electricity spot market switch to 15-minute intervals boosts battery revenue
The transition of the electricity spot market to 15-minute increments, effective since Oct. 1, is already changing the economic dynamics of battery storage in Europe. Storio Energy has tracked a 20% increase in market arbitrage revenue for batteries thanks to more accurate recording of price fluctuations.
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Masdar, EWEC break ground on 1 GW baseload solar-plus-storage project
Abu Dhabi Future Energy Co. (Masdar) and Emirates Water and Electricity Co. (EWEC) have started building a solar-plus-storage project in Abu Dhabi that will deliver 1 GW of continuous baseload energy from a 5.2 GW solar plant paired with a 19 GWh battery system.
Another 1.4 GWh of US energy storage, $350m of battery-related investment
Utility Georgia Power is forging ahead with plans for battery energy storage systems (BESS), Canadian Solar-owned Recurrent Energy has secured $825m for a storage project and a solar site, and developer and battery materials firm Redwood Materials has attracted new investment.
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