The Department of Electricity and Energy of South Africa has announced the successful bidders for the second round of its Battery Energy Storage Independent Power Producers Procurement Programme (BESIPPPP).
The Australian government has approved the development of HumeLink, an almost AU$5 billion (US$3.1 billion) energy transmission project that will unlock the 350GWh Snowy 2.0 pumped hydro energy storage (PHES) expansion.
Western Australia’s Economic Regulation Authority has set the peak and flexible benchmark reserve capacity prices (BRCPs) at AU$360,700/MW (US$224,898/MW) annually from 2027-28.
The UK is in the middle of a massive overhaul of its queue system for connecting projects to the grid, and BESS is one of the most oversubscribed technologies, leading to a “nervousness” for a lot of projects, law firm Freeths said.
Long Island Power Authority (LIPA) in New York, US, has finalised contract negotiations for two large-scale BESS projects proposed by Key Capture Energy.
The Department of Energy’s (DOE) Loan Programs Office (LPO) has announced a conditional commitment for a loan of up to US$15 billion to California utility Pacific Gas & Electric Company (PG&E).
BESS has won big in Poland’s capacity market (CM) auction for 2029 delivery, with potentially 2.5GW of projects winning contracts including from Axpo, OX2, R.Power, FRV and PGE.
