Trade association Energy Storage Europe (ESE) has welcomed proposed reforms to European Union (EU) grid connection and permitting processes.

A new battery energy storage system (BESS) cybersecurity whitepaper from consultancy firm The Brattle Group and cybersecurity solutions provider Dragos claims that a single 100MW/400MWh BESS outage could result in US$1.2 million in monthly losses.

Results of an auction to procure large-scale energy storage to support the electric grid in South Korea will be announced in February.

The Ministry of the Environment in Poland has shortlisted projects for an energy storage capex support programme totalling 4.15 billion PLN (c.€1 billion), with 183 eligible to progress to the next round.

System integrator Guoxia Technology has obtained approval for its main board listing on the Hong Kong Stock Exchange.

A 100MW/400MWh BESS, the biggest project of its kind by output in Southeast Asia, has been welcomed into operation in Sabah, Malaysia.

Utility Origin Energy has hired Wärtsilä to expand its battery storage installation at the Eraring coal power plant site in New South Wales, Australia.

South Korea’s Samsung SDI has signed its first US lithium iron phosphate (LFP) cell deal, while Chinese integrator Trina Storage has expanded an existing supply partnership.

A trio of large-scale BESS announcements by major power firms of 700-800MWh capacity each in Germany show the country’s energy storage market moving into the new era of scale.

The recent introduction of 15-minute settlement periods across European power markets could result in significantly higher profits for battery storage asset operators.