Bigger, longer-duration projects and more sophisticated deal structuring are driving the energy storage industry forward, but a lack of common approaches from transmission system operators (TSOs) remains a challenge.
Three energy storage projects have reached key milestones, including pumped hydro, thermal storage, and geothermal alternatives to battery energy storage systems (BESS).
Ed Gunn, VP of revenue at home battery storage and virtual power plant (VPP) specialist Lunar Energy, on the market’s recent past and future potential.
More BESS news from across Europe, with ContourGlobal and Alpiq striking sizeable deals in Greece and France, Iberdrola putting projects into operation in Spain, and other project news in Germany, Poland, Denmark and Southeast Europe.
The global energy storage market is poised for continued expansion in 2026, even as supply chain constraints, regulatory evolution, and emerging applications reshape the landscape, according to Wood Mackenzie.
Australian mining giant Fortescue has claimed to have secured large-scale battery storage at pricing levels not previously seen in Australia, according to CEO Dino Otranto.