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.

Energy storage’s role in enabling decarbonisation and economic growth was at the heart of discussions at Energy Storage Summit Asia 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.

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.

Oneida, which will mix long-term contracted revenues with merchant risk exposure in Ontario, Canada, has reached financial close.

Energy networks in Europe share a common need for energy storage. What that looks like from a market perspective is evolving.

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.

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.

Multiple steps forward have been taken in Ontario in the development of Canada’s largest battery storage project to date.

A battery storage system in the UK has begun delivery of reactive power services, claimed as a world first contract of its kind.