Industry experts discussed the varying approaches in Europe to procuring energy storage via long-term support schemes on Day One of Solar Media’s Energy Storage Summit 2025 in London, which kicked off today (18 February).

“Short duration flexibility has a massive role to play in reducing the costs of the Great British energy system, saving £10 billion a year by 2050,” Duncan Stone said this morning at the Energy Storage Summit 2025 in the UK.

On the first morning of the Energy Storage Summit, an expert panel faced pressing questions from Europe’s energy storage professionals.

Australia’s Edify Energy has confirmed that its 185MW/370MWh Koorangie BESS in Victoria has started exporting to the grid.

Allegro Energy, an Australian-based developer of water-based redox flow battery energy storage solutions, has been awarded AU$1.85 million (US$1.17 million) in federal government funding to scale its technology.

Australia’s Victoria government has fast-tracked the approval process for a 1.8GWh battery energy storage system (BESS) being pursued by developer Birdwood Energy.

EV and BESS firm BYD has agreed a major order from the Saudi Electricity Company, the state utility and transmission & distribution (T&D) system operator of Saudi Arabia.

Germany is currently the “hottest market in Europe today from a development perspective,” according to battery storage developer-investor BW ESS.

Queensland Hydro is set to progress the development of its 48GWh Borumba site despite government concerns about its viability in Australia.

The New South Wales government has revealed that its green bank, the Energy Security Corporation, will invest in short to long-duration energy storage (LDES) projects as part of its first Investment Mandate.