The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

Asia & Oceania

May 6, 2020
The cost of battery energy storage has continued on its trajectory downwards and now stands at US$150 per megawatt-hour for battery storage with four hours’ discharge duration, making it more and more competitive with fossil fuels. Andy Colthorpe spoke to Tifenn Brandily, lead author of BloombergNEF’s latest LCOE report.
May 4, 2020
Australia’s government-owned green bank, the Clean Energy Finance Corporation (CEFC), has pledged AU$300 million (US$192 million) of existing funding towards “building investor confidence in renewable hydrogen”.
May 4, 2020
Solar Media’s Liam Stoker and Andy Colthorpe discuss the continuing effects of COVID-19 on worldwide power markets, reflecting on IEA forecasts for historic energy demand lows and what they mean for renewables.
April 30, 2020
The levelised cost of electricity (LCOE) that can be achieved today for battery energy storage means that “new-build batteries can be competitive on cost with gas peaker plants,” according to BloombergNEF.
April 29, 2020
Recent news in brief from around the world in energy storage – this edition is collected from the pages of our sister site PV Tech.
April 28, 2020
A design consultancy service contract for a 1200MW pumped hydro energy storage project, paired with solar and wind energy and under development by independent power producer (IPP) Greenko has been awarded to AFRY India.
April 27, 2020
Microgrids can offer a resilient and secure alternative for both rural and city communities. Molly Lempriere looks at some of the microgrids around the world that are transforming the way neighbourhoods produce and consume electricity.
April 27, 2020
Australian stock exchange-listed flow battery manufacturer Redflow has scored a second order for its devices from the Rural Connectivity Group, a New Zealand-based telecommunications company.
April 22, 2020
While the renewable energy industry has suffered significant blows such as loss of employment during the COVID-19 crisis, venture capital (VC) funding into the battery energy storage sector in the first quarter of this year nonetheless saw a significant increase over the previous year’s equivalent period.
April 21, 2020
A roundup of news in brief from one of the world’s hottest markets for energy storage – Australia.

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