As battery energy storage systems (BESS) and electric vehicle (EV) infrastructure expand in the US and Europe, a clear contrast is becoming evident in their market growth.
Enefit, the electricity business of state-owned Estonian utility and power generator Eesti Energia AS, will build three new battery energy storage systems (BESS) in Lithuania, with a combined capacity of 46MW/184MWh.
A first project outside the US has been announced by Form Energy, the developer of a novel battery technology promising ‘multi-day’ duration energy storage.
The price of BESS has fallen steadily in the past few years, but recent events look set to slow or event reverse that trend at least in the short term. Video interviewees at last month’s Energy Storage Summit 2026 shared their views on the topic.