According to Lazard’s annual benchmarking report, the levelised cost of storage (LCOS) of utility-scale battery energy storage systems (BESS) in the US has risen, reversing declines reported in the 2025 edition.
New market rules will encourage investment in energy storage as a key component of Thailand’s national energy vision, according to the country’s energy ministry.
The Queensland government has reportedly shelved the proposed AU$6 billion (US$4 billion) Mt Rawdon pumped hydro project, ending state support for a mine-repurposing scheme that had attracted AU$50 million in government funding.
Victoria’s State Electricity Commission (SEC) and Italian clean technology company Energy Dome have announced plans to develop the state’s first long-duration energy storage (LDES) facility.