PJM has proposed a major overhaul of how it procures power capacity in response to surging data centre demand that has driven auction prices up more than 1,000% in two years and threatens to add US$70 per month to average household electricity bills by 2028.
Octopus Australia has referred the Blackstone battery energy storage system (BESS), a 500MW/2,000MWh standalone facility, to Australia’s federal government for assessment under the Environment Protection and Biodiversity Conservation (EPBC) Act.
Tech giant Google, Tesla, utility Pacific Gas and Electric (PG&E), and distributed energy resource (DER)-focused company Sunrun are launching a new virtual power plant (VPP) in California, US.
East Point Energy, owned by Norwegian state-owned energy company Equinor has completed construction and started operations at the 100MW/200MWh Citrus Flatts energy storage project in Harlingen, Texas, US.
Energy Vault has completed the acquisition of the underlying project land for its 125MW/1,000MWh Stoney Creek battery energy storage system (BESS) in northern New South Wales, Australia.