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National Battery Strategy aims to make Australia a “globally competitive producer” of batteries and battery materials by 2035.

The former prime minister of Australia, Malcolm Turnbull, delivered a keynote speech to open the second day of the Energy Storage Summit Australia 2024.

There is “no shortage of investor appetite” and policy support is in place, but there are still some barriers to energy storage deployment on the scale needed to decarbonise Australia’s energy sector.

Energy-Storage.news speaks with Danny Lu of Powin about some of the system integrator’s thoughts on the Australia market and delivery of the Waratah Super Battery.

UK electricity market operator National Grid ESO is reassessing how much energy storage gets paid in the Capacity Market, battery storage operators told Energy-Storage.news, with one calling the current system ‘outdated’.

Battery storage failure incidents have dramatically decreased in frequency in the last few years, but the industry still needs to be more transparent and share data when incidents occur.

Battery storage project development costs will continue to fall in 2024 as lithium costs decline “significantly,” according to BMI Research.

US asset manager Stonepeak has entered Japan’s energy storage market, forming a partnership with CATL-backed developer CHC.

Puerto Rico Electricity Board (PREB) has approved a plan to accelerate the adoption of battery energy storage system (BESS) technology in the US island territory.