The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

capacity market

June 14, 2024
Plus Power has closed financing for a 150MW/300MWh standalone battery energy storage system (BESS) project in Massachusetts, US.
June 4, 2024
The government of Poland has proposed a de-rating factor for battery energy storage systems (BESS) in the next capacity market auction of 57%, which one developer warned would be a ‘lethal blow’ for 2- and 4-hour projects.
May 30, 2024
China’s National Development and Reform Commission and the National Energy Administration have issued new rules for the power market.
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May 29, 2024
The first 4-hour duration battery storage project to be built in Ireland exemplifies both the challenges and opportunities of the country’s growing and evolving market.
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May 16, 2024
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paid in the Capacity Market, battery storage operators told Energy-Storage.news, with one calling the current system ‘outdated’.
May 15, 2024
US asset manager Stonepeak has entered Japan’s energy storage market, forming a partnership with CATL-backed developer CHC.
May 8, 2024
Over a gigawatt of bids from battery storage project developers have been successful in the first-ever competitive auctions for low-carbon energy capacity held in Japan.
April 29, 2024
IPP Neoen has launched construction on the the second phase of its Collie BESS project in Western Australia, following a capacity services contract award.
April 24, 2024
Battery storage developer Eku Energy has partnered with utility Tokyo Gas on a grid-scale energy storage project in Japan, with construction expected to start soon.
April 2, 2024
Europe has seen its first year when energy storage deployments by power capacity exceeded 10GW in 2023.

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