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Ireland needs 92 GW of LDES to integrate renewable generation, reduce household energy costs
Long duration energy storage capacity combined with better system flexibility and low-cost electrification uptake could reduce Irish home energy costs by 20% by 2035, according to Aurora Energy Research. Adding sufficient LDES would require government offtake floors, however.
CIP reaches financial close on co-located solar project with 750 MWh battery in Mexico
Construction underway at grid-scale project with commissioning expected in 2028. The solar and battery energy storage system (BESS) project in Mexico represents a first for Copenhagen Infrastructure Partners‘ Growth Markets Fund II.
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Lower skip rates for UK battery storage but NESO plans further reform
Flexibility report shows cheaper, more efficient assets such as battery energy storage systems (BESS) are ‘skipped’ less often by control room during balancing actions. It follows an industry call for action to improve BESS participation in Great Britain’s electricity market.
Battery storage costs up 27% since 2020, says Lazard
The levelized cost of storage (LCOS) for a 100 MW, four-hour battery energy storage system (BESS) has risen to approximately $210/MWh to $292/MWh, according to a new Lazard report, which also found that storage costs overall have increased by roughly 27% since 2020.
JDEnergy bring high-voltage transmission expertise to European BESS markets
As European demand for grid-forming battery energy storage systems (BESS) grows, JDEnergy sees an opportunity. Vice President of Overseas Business Martin Liu tells ESS News why grid knowledge is key to the company's international expansion plans.
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Ofgem approves rule changes for UK frequency response markets
Energy regulator signs off on two tranches of rule changes coming into effect in July 2026 and January 2027. Revised rules include tying Dynamic Response availability to notification data in balancing market. A tiered penalty regime for assets that do not meet availability target was rejected but could be revived.
World Bank backs 300 MW pumped hydropower storage plant in Morocco
Development bank approves $265 million finance package for Ifahsa pumped hydropower storage project. The project is part of a 2030 energy storage strategy which targets 1 GW pumped hydro storage and 1.6 GWh of battery storage deployment by 2030.
Allume launches SolShare 2 with community battery integration
Allume Energy has launched SolShare 2 in the UK and Australia, adding improved energy storage capability to its shared solar hardware for apartment blocks. Europe general manager Jack Taylor tells ESS News how the system works for households in multi-tenant buildings.
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EU approves 45 GW energy storage target in bid to reduce gas exposure
Tripartite agreement puts new energy storage obligations on 22 member states, while renewable and energy storage developers commit to robust deployment pipeline, and multinational investors prepare to assign more capital to segment. More funds for EU manufacturing anticipated plus significant C&I segment expansion.
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