Energy storage’s role in enabling decarbonisation and economic growth was at the heart of discussions at Energy Storage Summit Asia 2023.

In June, Japanese renewable energy developer Pacifico Energy made the first trades from BESS assets in the country’s power markets.

The Philippines has turned its focus onto transitioning its energy sector to larger shares of renewable energy. Carlos Nieto of ABB writes about how the company delivered a 60MW battery storage project in alignment with that aim.

BESS projects in ERCOT, Texas, will be hit by a double whammy of market saturation and new rules around minimum state-of-charge (SOC), as the technology helps the state battle a severe heatwave.

Eni Plenitude, part of the large oil and gas major Eni, has put into operation a 15MW/9MWh battery storage unit in Italy.

Europe’s biggest battery storage system earned £2.3 million (US$2.85 million) revenues in Q1 2023.

Last week, two significant milestones in the emergence of a market for large-scale battery storage on the grid were laid in Ontario, Canada.

The first contract awards for Ontario’s expedited procurement have been announced, in which 739MW of battery storage bids were successful.

Another edition of news in brief, this time from the UK’s booming large-scale battery energy storage system (BESS) market.

Firm Frequency Response (FFR) auction prices in the UK have hit their lowest level since 2019 as market saturation begins to take effect, market analytics platform Modo Energy said.