Trump’s budget reconciliation bill looks like it could take aim at the current tax credits for downstream clean energy projects, and Clean Energy Associates’ base case is that they will be phased out by the end of the year.
Some 2.5GW of BESS projects in the UK have won contracts across the T-1 and T-4 capacity markets (CM), announced in a week which also saw project financings worth a combined c.£1 billion, including from Zenobē, Constantine and Quinbrook.
There will be ‘foundational’ shifts in the US’ two largest renewables and energy storage markets this year, California (CAISO) and Texas (ERCOT), significantly affecting battery storage market participation.
The European Commission has approved a €699 million (US$760 million) state aid scheme in Spain to support the deployment of up to 3.5GW of energy storage.
Industry executives from owner-operators BW ESS, Eku Energy, Gore Street, Field and NEOM answered questions from the audience on Day One of last month’s Energy Storage Summit EU 2025.
Further developments from the California Independent System Operator (CAISO) market including new standards for BESS maintenance and operation and new BESS capacity announced by SDG&E.
