The Energy Storage Report 2024

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

contracted revenues

February 29, 2024
The UK electricity system operator’s T-4 Capacity Market Auction (CMA) for delivery year 2027/28 cleared earlier this week (27 February) after two rounds at an “all-time high” clearing price of £65 (US$82.23)/kW/year.
February 27, 2024
Last week’s T-1 Capacity Market auction in the UK cleared at a slightly higher price than expected, and battery storage developers that successfully took part were the auction’s “big winners,” according to one analyst.
July 28, 2023
Energy storage’s role in enabling decarbonisation and economic growth was at the heart of discussions at Energy Storage Summit Asia 2023.
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May 26, 2023
Last week, two significant milestones in the emergence of a market for large-scale battery storage on the grid were laid in Ontario, Canada.
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May 19, 2023
A tender will open in a few days’ time under NSW’s electricity system roadmap through which 550MW of long-duration storage could be procured.
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May 18, 2023
Oneida, which will mix long-term contracted revenues with merchant risk exposure in Ontario, Canada, has reached financial close.
April 11, 2023
Energy networks in Europe share a common need for energy storage. What that looks like from a market perspective is evolving.
March 2, 2023
One of Belgium’s largest battery energy storage system projects so far has been brought online at the site of a former coal power plant.
February 23, 2023
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.
February 14, 2023
Multiple steps forward have been taken in Ontario in the development of Canada’s largest battery storage project to date.

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