Alberto Valenzuela discusses ahead of Energy Storage Summit Latin America about Mexico’s growing interest in renewables and energy storage, and the factors driving this growth.
Battery energy storage systems (BESS) in Australia’s New South Wales (NSW) earned an estimated AU$5.63 million (US$3.88 million) in two hours on 12 October, as wholesale electricity prices peaked at AU$23,107/MWh.
Finland is the Nordic region’s most-talked-about market for the moment, with project deals and other battery storage development activity from local and international players.
Electrifying low-temperature industrial heat and steam processes with renewables could reduce European Union natural gas consumption by 35 billion cubic metres-per-year, according to a report from the International Energy Agency (IEA).
Annual battery energy storage system (BESS) failures per-deployed-GWh declined 98% globally between 2018 and 2025, as installed BESS capacity grew exponentially.