Utility Octopus Energy will pay Gresham House Energy Storage Fund (GRID) a fixed fee to use half of its UK BESS portfolio, at a price which it said is ‘above the current merchant revenue stack’.

The US will provide US$85 million in foreign aid to the Republic of Moldova for battery energy storage system (BESS) projects as well as high voltage transmission line upgrades, secretary of state Anthony Blinken said last week (29 May).

Editor Andy Colthorpe speaks with Long Duration Energy Storage Council director of markets and technology Gabriel Murtagh.

China’s National Development and Reform Commission and the National Energy Administration have issued new rules for the power market.

RWE will proceed with an 8-hour duration large-scale battery storage project in New South Wales (NSW), while a tender for more long-duration resources has launched in the state.

National Battery Strategy aims to make Australia a “globally competitive producer” of batteries and battery materials by 2035.

Innergex Renewable Energy has started operating a 35MW/175MWh battery energy storage system (BESS) in Chile, its second large-scale BESS in the country.

The revenue stack accessible to front-of-the-meter (FTM) battery storage in Australia’s National Electricity Market (NEM) is evolving, as the market dynamics evolve.

We hear from developers, IPPs and upstream battery sources about the US’ decision to massively hike tariffs on batteries and battery components from China.