The world’s largest combined lithium-vanadium battery energy storage system (BESS), the Energy Superhub Oxford (ESO), will soon start fully trading in the UK’s electricity market, showcasing the potential of hybrid assets.

Nearly 4.2GW of battery storage capacity was added to the US grid in 2021, according to a new report from BloombergNEF.

Energy storage could garner a market share of one-third by 2025 for the new, pan-European automatic frequency restoration reserve (aFRR) market, which is set to launch in the middle of this year with France and Germany mutualising capacity first.

for its US$1.2 billion colocated Gemini Project in Nevada, US, which will have a 1,416MWh battery energy storage system (BESS).

Borrego has chosen Powin Energy as supplier of battery storage, with the pair signing an 800MWh supply agreement.

Greenbacker Renewable Energy Company and Blackstone-owned Aypa Power have acquired pre-operational battery energy storage system (BESS) developments totalling 110MW of power.

Eni New Energy US has bought a large-scale battery storage project in development in Texas from developer Baywa r.e.

Gresham House expects to earn more than US$144 million revenues from Capacity Market contracts.

The award of contracts by utility Southern California Edison (SCE) for 537.5MW/2.150MWh of battery energy storage systems (BESS) has enabled a significant rise in revenues for Ameresco’s project business.

The US Department of Energy’s Pacific Northwest National Lab (PNNL) has made a third semi-exclusive commercial licence for vanadium redox flow battery technology available.