“Battery energy storage systems (BESS) typically change ownership between two and four times during their 40-year lifecycle,” John Sheehy, CEO of Pottinger, said on day two of the Battery Asset Management Summit Australia 2025 this morning.
After an initial rush to deploy that gave CAISO and ERCOT the lead in US BESS adoption, both markets are focused on capacity and availability, writes Amit Mathrani of Rabobank Americas.
“We’re expecting the results of the Capacity Investment Scheme (CIS) Tender 3 in the coming weeks,” Thimo Mueller, general manager, commercial at ASL, said in the opening keynote of the Battery Asset Management Summit Australia 2025 this morning.
The Australian Energy Market Operator (AEMO) has found battery energy storage systems (BESS) are the most reliable clean energy technology in the National Electricity Market (NEM).
China continued to drive global grid-scale BESS commissioning activity in July, as the technology approaches the global installed gigawatt (GW) capacity of pumped hydro.
Statera Energy has begun operating the biggest BESS project in the UK, connected to a National Grid substation that formerly supported two coal power plants.
Long-term BESS offtake and PPA deals are clearly on the rise in Europe, but how are they evolving vi-a-vis structures, tenors and regional differences?
After imposing a moratorium on the development of new battery storage projects in January 2024, officials in Solano County, California, have adopted new zoning standards for the technology.
