The newest ancillary services product in Australia’s National Electricity Market (NEM) has been forecast to offer “significantly higher” revenues than other opportunities for battery storage.

Another utility agreement has been signed by Form Energy, the US startup which claims its iron-air battery can provide sufficient stored energy to ride through multiple days of low solar or wind production.

Energy-Storage.news speaks with Jeff Bishop, CEO of Key Capture Energy about Michigan’s new energy storage target and why the Midwest could be the US’ biggest BESS market-in-waiting.

Michigan Governor Gretchen Whitmer has signed legislation that sets climate targets for the US Midwest state including a 100% Clean Energy Standard by 2040 and a 2,500MW by 2030 energy storage target.

The Australian government’s start of competitive tenders for dispatchable renewable energy capacity backed with energy storage is an unprecedented step for national energy policy.

Australia’s National Electricity Market (NEM) has been handed the title of “most volatile electricity market” in the world, with an urgent need for energy storage to mitigate that volatility.

Nova Scotia’s clean energy plan would see the Atlantic Canadian province deploy between 300MW and 400MW of battery storage by 2030.

Ameren Missouri aims to procure 800MW of battery storage, representing US$650 million investment, in its service area connected to MISO grid.

Suppliers of equipment to two landmark battery storage projects in Western Australia have been awarded contracts worth more than a billion dollars from the state’s government.

The government of Queensland has provided details of its Stanwell Clean Energy Hub multi-phase development.