Subscribe To Premium
Premium Subscription

Market Analysis

FCAS services remain the biggest revenue stream for most BESS assets in Australia, like the Hornsdale Power Reserve (pictured). Image: Neoen.

What do we know about battery storage risk?

October 17, 2022
Any new energy technology asset class comes with risk that needs to be recognised, write Liam McEneaney and Daniel Stevens at AXIS Insurance.
Reported and projected cumulative global installations by region. with 'RoW' representing the 'Rest of the World' and 'Buffer' markets and use cases for which there is low visibility, BloombergNEF noted. Image: BloombergNEF

US, EU policies prompt BloombergNEF to upgrade global energy storage deployment forecasts

October 14, 2022
Recent policy developments in the US and European Union represent a considerable uplift to prospects for global energy storage deployment.
canada

Canada needs ‘between 8GW and 12GW of energy storage by 2035 to support net zero goals’

October 13, 2022
To stay in line with net zero emissions objectives, Canada will need to install between 8GW and 12GW of energy storage by 2035.
Maroš Šefčovič, speaking at the EASE Energy Storage Global Conference in Brussels, Belgium. Image: Maroš Šefčovič via LinkedIn

European Commission vice president: ‘Energy Storage has key role in solving Europe’s energy crisis’

October 12, 2022
Energy storage must play central role in Europe’s energy security, enabling integration of renewable energy and lowering power prices.
Black coal, the closest competitor to battery storage, will be all but off the system by the mid to late 2030s. Image: Flickr user John Englart.

Australia’s ancillary services costs coming down as more batteries enter market

October 11, 2022
New large-scale battery storage in Australia will increase competition and put downward pressure on costs of ancillary services.
An industrial battery storage system being installed in Ontario, Canada. Image: Sungrid.

Ontario targets 2,500MW energy storage procurements to help meet growing electricity demand

October 10, 2022
The government of Ontario, Canada, has ordered the procurement of at least 1,500MW and up to 2,500MW of energy storage.
A battery enclosure at iNOVAT's factory in Ankara, Turkey. Image: Inovat.

Turkey’s energy storage legislation opening new opportunities for renewables and batteries

October 10, 2022
Turkey’s moves to adapt energy market rules will create “exciting” opportunities for energy storage and renewables.
Part of the inland Salton Sea in California's prospective 'Lithium Valley'. Image: Imperial County Board.

Bridging the gap between battery supply and energy storage demand

October 6, 2022
The mismatch between supply and demand for lithium batteries presents a challenge to the global transition to sustainable energy.
CSA-Webinar-PPT

VIDEO: Assessing the impact of updates to UL 1973 for stationary energy storage systems

October 3, 2022
Energy-Storage.news proudly presents our webinar with CSA Group on the impact of updates to the UL 1973 standard for ESS safety.
AGL brought forward the closure date of Loy Yang (pictured), where it plans to deploy a large-scale BESS. Image: Wikimedia user Marcus Wong.

225MW of grid-forming battery storage supported by state government in Victoria, Australia

September 29, 2022
Alongside unveiling of an energy storage deployment target, Victoria government announced funding for large-scale battery storage projects.

Email Newsletter

Most Popular

Powin could cease operations by end of July if ‘present business circumstances do not improve’

California launches US$280 million solar and battery programme for low-income households

Powin’s ‘significant financial challenge reflective of industry headwinds,’ company says

ROUNDUP: FlexGen data centre partnership, Energy Vault ERCOT BESS for Jupiter Power, Stem supports rPlus Energies in Utah

US import tariff analysis spells out extent of challenge facing US battery storage industry

Spain launches €700 million support scheme for BESS, thermal storage and pumped hydro

Upcoming Events

PV ModuleTech USA 2025

June 17
 - June 18
, 2025
Napa, USA

Advancing Energy Storage in New York Part 2: Building Out the Supply Chain

June 17
 - June 17
, 2025
2pm EST / 7pm BST

Green Hydrogen Summit UK & Ireland 2025

July 1
 - July 2
, 2025
London, UK

UK Solar Summit 2025

July 1
 - July 2
, 2025
London, UK

Wind Power Finance & Investment Summit

July 1
 - July 2
, 2025
Leonardo Royal Hotel London Tower Bridge, London, UK

Battery Asset Management Summit Australia

August 26
 - August 27
, 2025
Sydney, Australia
Energy-Storage.News is part of the Informa Markets Division of Informa PLC
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
Copyright © 2025. All rights reserved. Informa Markets, a trading division of Informa PLC.