Clean energy trade body ACP announced a commitment on behalf of the US energy storage industry to invest US$100 billion in building and buying American-made grid batteries.
Power generation and energy trading firm DTEK Group is targeting up to 500MW of BESS deployments in Ukraine, which it said are ‘key priority in order to ensure Ukrainian energy security’ in light of Russia’s attacks on its energy system.
We hear from industry sources about the upcoming Real-Time Co-Optimization Plus Batteries (RTC+B) market changes in ERCOT, Texas, and why they represent a fundamental shift in how BESS will operate in one of the world’s largest and most lucrative energy storage markets.
Alper Peker and Dominic Multerer of Camopo explain how flexibility is the key to long-term profitability for hybrid renewables-plus-storage power plants.
The commercial and industrial (C&I) energy storage market is experiencing rapid growth as industries worldwide focus on decarbonisation and energy efficiency.
Second life BESS firm Evyon has merged with EV charging infrastructure provider Elywhere, in a partnership centred around the battery technology core to both Norway-based businesses.
UK power generation firm Drax will not bid its Cruachan II pumped hydro energy storage (PHES) project into the LDES cap and floor scheme, saying that costs have risen while ‘recoverability of capital’ is unclear.
NYSERDA has launched a programme to incentivise residential and retail energy storage in the state, offering a total of US$775 million for energy storage projects.
