Evolving market dynamics in ERCOT and CAISO, the two leading US electricity markets for battery storage, call for smart optimisation strategies, write Ali Karimian and Alden Phinney of GridBeyond.
There is now 9.8GWh of large-scale BESS online in the UK, according to the latest data from Solar Media Market Research’s ‘Battery Storage: UK Pipeline & Completed Assets Database’ report.
Major Australian energy generator-retailer EnergyAustralia has sold a 50% share in its 1,400MWh Wooreen battery energy storage system (BESS) to Thailand-based energy firm Banpu Public Company.
Zinc hybrid cathode battery and storage system maker Eos Energy has received its second loan advance from the US Department of Energy’s (DOE’s) Loan Programs Office (LPO).
Private equity firm KKR investment vehicle ContourGloblal has acquired BESS projects in Italy totalling 1.6GW of power and up to 9.5GWh of capacity, with an eye on the MACSE auctions in September.