The Indiana Utility Regulatory Commission (IURC) has given its approval to a proposed large-scale battery storage project in development in the US state by AES Corporation’s regional utility subsidiary.
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.
