A new report prepared by The Brattle Group for The Pew Charitable Trusts finds that removing barriers to distributed energy resources (DERs) could avoid an estimated US$614 billion in US power system costs through 2050.
Derrick Flakoll, senior policy associate for North America at BloombergNEF, has offered a more measured take on how the Democrats’ midterm victories could affect the battery energy storage system (BESS) sector.
Welcome to our latest BESS Industry Buzz, this week featuring the US midterms, ultra-rapid BESS commissioning, how to calculate RTE and a cybersecurity incident in Chile.
Norges Bank Investment Management (NBIM), the asset management unit of the central bank of Norway, has acquired a 10% interest in North American battery storage developer-operator Aypa Power.
US retail giant Walmart has made a strategic investment in home battery storage firm Base Power, while Sunrun has doubled the size of its home battery VPP in Puerto Rico.
Democrats scored major victories in the US Midterm elections, taking both the House and Senate and flipping several long-held Republican strongholds, with changes likely to occur in the clean energy sector.
LG Energy Solution saw 28% quarter-on-quarter growth in revenue in Q3 2026, with “significant energy storage system (ESS) shipment growth” among the main drivers.
