Battery energy storage revenues in Australia’s National Electricity Market (NEM) fell 61% in September 2025 to AU$85,000/MW (US$56,712/MW) as price volatility eased across the grid, according to new research from Modo Energy.
The Philippines needs to establish clearly defined rules for the market participation of energy storage systems (ESS), the chair of the country’s regulator has said.
Following the recent notification, the Rajasthan government will develop 500MW/2,000MWh of standalone battery energy storage systems (BESS) with a four-hour single-cycle configuration and extended operational life.