The business model for battery energy storage systems (BESS) in the US is changing rapidly, according to industry experts who gathered recently to discuss revenue strategies and market conditions.

Large-scale BESS projects have been completed or progressed in Bulgaria, Moldova, North Macedonia and Romania, including what is now the largest operational system in the CEE region.

Queensland has become the first state in Australia’s National Electricity Market (NEM) to discharge over 100GWh from utility-scale battery storage systems in a single month.

A quartet of Germany BESS project announcements: Green Flexibility has completed a project, Suncatcher has enlisted Statkraft to optimise three solar-plus-storage ones, SWB and Be.storaged are together building a system, while ArcelorMittal has enlisted EDF Power Solutions to do so.

New South Wales BESS set two charging records on 2 May, reaching 1,240MW of charging power and capturing 11.9% of state consumption.

IPP R.Power has enlisted power firm Axpo to optimise a 300MW/1,200MWh BESS in Poland, one of the largest such deals seen in Continental Europe.

The Australian government has announced the results of Capacity Investment Scheme Tenders 5 and 6 for WA, awarding contracts to 10 projects.

Francesco Oppici, co-founder and CCO of Carbon dioxide-based long-duration energy storage (LDES) company Energy Dome tied the commercialisation path of LDES to data centres.

Australia, India, Japan, and the Philippines are driving a transformation in the APAC batteryenergy storage market, says Trina Storage.