Australia’s new National Electricity Market rules ‘designed to incentivise battery investments’

Red tape, costs and logistical hurdles for large-scale battery storage and hybrid systems to participate in Australia’s National Electricity Market (NEM) will be cut under new Australian Energy Market Commission (AEMC) rules. 

BloombergNEF: Average battery pack prices to drop below US$100/kWh by 2024 despite near-term spikes

Supply chain shocks are causing short-term rises in the price of lithium-ion battery packs, but overall the price trend is downward and by 2024 average prices could dip below US$100/kWh.

Key Capture Energy’s 40MWh New York BESS will provide ‘insights and learnings’ for much bigger projects

The CEO of Key Capture Energy has said the company will immediately be able to apply lessons learned from a 20MW battery project in New York to its pipeline of much bigger projects in the state to come. 

8GW of battery storage pre-qualifies for UK’s T-4 Capacity Market auction

Prequalification results for the UK’s T-4 and T-1 Capacity Market auctions have been released, with battery storage rising significantly in both.

‘CO2 Battery’ startup Energy Dome gets US$11m financing, first agreement to deploy 100MWh project

A “novel and innovative” technology which uses CO2 as a medium to store energy could be made using off-the-shelf equipment and made available to the market as early as next year, the company behind it has said. 

News
December 6, 2021
News in brief from around the world in energy storage, this time focusing on long-duration.
Editor's blog, Features
December 6, 2021
A US$25 million virtual power plant (VPP) programme has been launched in Perth, Western Australia, while in the US, technology providers Enphase, Sunverge and LG have announced their involvement in VPPs in Arizona and California. 
News
December 6, 2021
Subsea engineering and floating and offshore renewable energy company G8 will use advanced lithium-ion battery technology produced by 3DOM Singapore (3DOM SG) in all of its renewable energy projects in Asia.
News
December 3, 2021
Battery energy storage system (BESS) products suitable for utility and large industrial applications have been launched by Powin Energy and Hydro-Quebec subsidiary EVLO. 
News
December 3, 2021
Communities anywhere within the service area of California utility Pacific Gas & Electric (PG&E) will now be eligible to apply for support to install renewable-plus-storage microgrids.
News
December 3, 2021
Global investment manager Quinbrook Infrastructure Partners has acquired UK-based optimisation and trading platform Habitat Energy Limited.
News
December 2, 2021
Advanced compressed air energy storage (A-CAES) company Hydrostor has made its second application to license a gigawatt-hour scale project as a power plant with the California Energy Commission (CEC).  
News
December 2, 2021
Energy technology company Wärtsilä has announced battery energy storage system (BESS) projects in two new markets for the company, with orders from customers in Chile and Belgium.
News
December 1, 2021
Another roundup of news in brief in energy storage, this time focused on the UK industry.
News
December 1, 2021
Construction has begun on a 150MW / 150MWh battery storage project at the site of a former fossil fuel plant site in Victoria, Australia.

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