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.
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.
US electric utility Xcel Energy has launched a request for proposals (RFP) for solar and battery storage projects to replace its Allen S. King coal-fired power plant in the US state of Minnesota.