The UK’s T-4 Capacity Market auction has cleared in its third round at a record high of more than double the previous record high price.

Battery storage projects totalling 627MW were awarded contracts in the UK’s 2023-24 Capacity Market auction which concluded yesterday (14 February), nearly a two-thirds jump on last year’s.

European policy makers need to strengthen the role of flexibility technologies, write Fluence’s Julian Jansen and Lars Stephan.

Battery storage projects from Hynfra Energy Storage and OX2 totalling 130MWh have won contracts in energy auctions in Poland this week.

A capacity mechanism for Australia’s National Electricity Market needs to catalyse investment in renewable energy and energy storage.

Sungrow has announced a new partnership with Statera Energy, to supply a 362MW/391MWh energy storage project in the UK.

Experts from LCP, Apricum and law firm CMS look at the development of financing and investment in UK battery storage.

Construction has started on what will be the largest battery storage project in Belgium at 25MW/100MWh when completed later this year.

Close to 900MW of publicly announced battery storage projects will be online in continental France by the end of next year.

Gresham House expects to earn more than US$144 million revenues from Capacity Market contracts.