energy storage

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Batteries awarded 1.22 GW in UK capacity market auction for 2029 delivery Provisional results show more than 100 battery energy storage systems (BESS) awarded capacity market contracts in latest T-4 auction for Great Britain’s energy grid, with the vast majority of BESS contracts awarded to new-build capacity.
Matthew Lynas
Mar 11, 2026
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EU industrial strategy could slow BESS progress, association warns Industrial Accelerator Act sets out domestic content rules for large-scale battery energy storage system (BESS) projects, including EU-made battery management system mandate. European Commission proposal to be debated by European Parliament and EU Council.
Patrick Jowett, Matthew Lynas
Mar 05, 2026
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Battery storage awarded 576 MW in UK top-up capacity market auction Battery energy storage system (BESS) and demand-side response assets both secure roughly 8% of capacity agreements, according to provisional results, but nuclear leads the pack in first UK capacity market auction of 2026. Results from larger T-4 auction expected later in the month, with generators and energy storage assets vying for multi-year contracts.
Matthew Lynas
Mar 05, 2026
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Philippines mandates energy storage for renewables plants over 10 MW Department of Energy (DOE) order sets out new rules for mandatory energy storage, including a minimum capacity of at least 20% of the generating plant’s installed capacity. DOE also calls for energy storage systems (ESS) installations to have grid supporting capabilities, such as grid-forming inverters to help stabilize voltage and frequency.
Matthew Lynas
Feb 27, 2026
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Statkraft inks its largest BESS PPA deal in the Nordics Power purchase agreement (PPA) with OX2 covers 235 MW of battery energy storage system (BESS) capacity across two projects in Finland. Both energy storage assets will be located alongside wind projects.
Matthew Lynas
Feb 26, 2026
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Grenergy BESS pipeline swells to 72 GWh, turns on investment taps Developer built 7 GWh of energy storage and 1 GW solar capacity in 2025, fiscal year results reveal. Tolling agreements and PPA activity support build out of solar and storage plants in Latin America and Europe.
Matthew Lynas
Feb 25, 2026
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BESS operators can earn from idle capacity in new UK market Electron and Tem claim new market will provide stable, recurring revenue for flexible energy assets such as battery energy storage systems (BESS), without sacrificing access to other markets. The companies say their new offer is the UK’s first physical-hedging market for managing renewable imbalance risk.
Matthew Lynas
Feb 24, 2026
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European BESS capacity to hit 80 GW by 2030, Aurora forecasts Market report finds Europe's deployed battery energy storage system (BESS) capacity now exceeds 17 GW in power output terms. Four-hour batteries forecast to attract more than half of expected investment from 2026 to 2030.
Matthew Lynas
Feb 23, 2026
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SMA releases new storage system for C&I solar German inverter and battery manufacturer SMA Solar Technology AG has unveiled a modular lithium iron phosphate battery system for commercial and industrial applications, with capacities ranging from 89 kWh to 197 kWh and integrated cybersecurity features.
Marian Willuhn
Feb 05, 2026
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