A bill aimed at creating a pilot programme to incentivise energy storage deployment in New Jersey has advanced through the US state’s legislature after senators voted in its favour.

Attorney Seth Hilton discusses “a new dynamic for energy storage resources” around resource adequacy in California’s CAISO market.

Another roundup of news in brief from the UK’s busy energy storage market with project and financial news from Copenhagen Infrastructure Partners, Gore Street Energy Storage Fund, and a tax break for home batteries.

Wärtsilä’s energy storage division saw a 20% year-on-year increase in sales and a 31% increase in order intake from 2022 to 2023, with the company board in mid-consideration of the business unit’s future.

A large-scale battery storage facility providing ancillary services to the grid has gone into commercial operation at the site of a hydroelectric power plant in the Philippines.

This Friday Briefing focuses on New York’s fight to get rid of dangerous peaker plants, and getting battery storage manufacturing right.

The UK battery storage market is suffering a “weak revenue environment”, with assets not able to participate in balancing the GB grid or replacing gas-fired generation to their fullest capability, according to Gresham House Energy Storage Fund.

Independent power producer Low Carbon has signed optimisation agreements with Habitat Energy, Flexitricity, and EDF across four battery energy storage systems (BESS) with a capacity of 95MW.

US vehicle-to-grid startup Nuvve continues push into Asia market, negotiating for a project planned by Taiwan’s grid operator and utility.

Sunrun has published the results of its Peak Power Rewards system, which saw residential solar systems deployed amongst its customers provide an average of 27MW of power to the California electric grid for 90 consecutive days.