China’s National Development and Reform Commission and the National Energy Administration have issued new rules for the power market.

RWE will proceed with an 8-hour duration large-scale battery storage project in New South Wales (NSW), while a tender for more long-duration resources has launched in the state.

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

The new tariffs on batteries from China will increase costs for US BESS integrators by 11-16%, consultancy Clean Energy Associates said, adding that new guidance around the domestic content ITC adder will make it easier to access.

We hear from developers, IPPs and upstream battery sources about the US’ decision to massively hike tariffs on batteries and battery components from China.

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

The Chilean Ministry of Energy has opened a public land bidding auction seeking 13GWh of standalone energy storage projects.

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.

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paid in the Capacity Market, battery storage operators told Energy-Storage.news, with one calling the current system ‘outdated’.

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