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.

Australian renewable energy generator and retailer Pacific Blue has referred an 855MWh BESS in Victoria to Australia’s EPBC Act.

Energy held in battery energy storage systems (BESS) across Australia’s NEM reached a record 20.17GWh on 6 November.

Renewables developer D. E. Shaw Renewable Investments (DESRI) and Ford Motor Company’s energy storage subsidiary, Ford Energy, will partner to deploy energy storage in the US.

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.

India’s Union government has approved the next IR145 billion phase of Viability Gap Funding (VGP) for energy storage capacity additions.

EnergyAustralia has taken delivery of the final battery storage units for its 50MW/250MWh Hallett BESS in South Australia, as construction continues at the site.

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.