BNEF analyst Isshu Kikuma discusses trends and market dynamics impacting the cost of energy storage in 2024 with ESN Premium.

Eku Energy’s chief technology officer, Elias Saba, discusses the shift in economics of long-duration BESS in Australia’s NEM.

The Solar Energy Industries Association (SEIA) has released a whitepaper recommending the US deploy 10 million distributed solar installations and reach 700GWh of installed storage capacity by 2030.

Although last year saw a dip in installations and projects submitted for planning, the BESS market in the UK continues to steam ahead with over 8GWh online and nearly 20GWh being built.

Estimated net revenue, covering both energy and FCAS markets, for grid-scale batteries on the NEM reached AU$69.5 million in Q4 2024.

In one of his final acts before leaving office, Washington governor Jay Inslee gave the green light for Innergex’s Wautoma Solar and Storage project.

The government of Poland looks set to run further capacity market (CM) auctions with the specific aim of enabling gas plants to win, after BESS wiped the floor with the technology at the last auction.

A growing industry trend towards larger battery cell sizes and higher energy density containers is contributing significantly to falling battery energy storage system (BESS) costs. 

The cancellation of the 5GW/120GWh Pioneer-Burdekin Pumped Hydro Project in Queensland, Australia, has seen power price forecasts jump by over 60% for 2035.

Netherlands-based system integrator Alfen has been revealed as the supplier for a 31.6MW/126.4MWh BESS currently under construction.