ASL (formerly AEMO Services) has completed New South Wales’ (NSW) largest-ever tender for long-duration energy storage (LDES), contracting six new battery projects for a combined 1.17GW/11.98GWh.
Lithium-ion companies have come out as the top-rated suppliers on a new long-duration energy storage (LDES) leaderboard, while CO2 Battery company Energy Dome is the highest non-lithium company.
Three energy storage projects have reached key milestones, including pumped hydro, thermal storage, and geothermal alternatives to battery energy storage systems (BESS).
While the UK grid-scale BESS market continues to be among the busiest in Europe, there are still huge questions and plenty work to be done in several key policy areas.
Energy storage developers are securing significant capital and strategic partnerships, with ESS Inc launching a 50MWh iron flow battery pilot, Energy Vault closing a US$300 million investment, and NineDot obtaining US$175 million in debt financing.
Just over 70% of the successful projects in the first window of the UK’s long-duration energy storage (LDES) scheme are using lithium-ion BESS technology.
RWE Renewables Australia has successfully registered Australia’s first 8-hour duration battery energy storage system (BESS) with the Australian Energy Market Operator (AEMO).
Projects supported by the UK government’s long-duration energy storage (LDES) cap-and-floor could significantly dampen price spreads but also affect non-LDES flexibility assets.
