Finland is the Nordic region’s most-talked-about market for the moment, with project deals and other battery storage development activity from local and international players.
Electrifying low-temperature industrial heat and steam processes with renewables could reduce European Union natural gas consumption by 35 billion cubic metres-per-year, according to a report from the International Energy Agency (IEA).
South Korea’s Ministry of Climate, Energy and Environment (MCEE) has unveiled its KRW1,000 trillion (US$747 billion) Korean Green Transformation (K-GX) industrial strategy.
Infrastructure investor Actis has entered the Polish energy storage market with the acquisition of two large-scale projects from DTEK’s DRI, while R.Power and Solax have announced project updates in the country.
BESS owner-operator Return has put its 100MW/200MWh Antares BESS in the Netherlands into commercial operation, the largest to have reached that stage in the country as far as we know.
Annual battery energy storage system (BESS) failures per-deployed-GWh declined 98% globally between 2018 and 2025, as installed BESS capacity grew exponentially.
US energy holding company and project developer-owner NextEra Energy has suspended operations at two energy storage facilities in Long Island, New York, US.
