Modo Energy has said that revenue for BESS in Australia’s NEM fell by 7% month-on-month in January, despite revenue tripling in Queensland.

The Energy-Storage.news team brings you daily highlights and insights from the Energy Storage Summit EU in London, UK.

Germany is currently the “hottest market in Europe today from a development perspective,” according to battery storage developer-investor BW ESS.

Ørsted has taken a final investment decision (FID) on a 250MW/500MWh BESS that will be co-located with one of the company’s operational solar facilities in Fort Bend County, Texas.

Modo Energy has said that battery energy storage systems (BESS) in Australia’s National Electricity Market (NEM) earned an average of AU$148,000/MW (US$92,810/MW) in 2024, a 45% increase year-on-year.

A US-focused edition of energy storage news in brief, with large-scale BESS, vehicle-to-grid and optimisation updates.

Ali Karimian and Alden Phinney of AI-powered energy services provider GridBeyond discuss winning strategies for playing battery storage into wholesale and ancillary markets in ERCOT and CAISO.

Ofgem, the UK’s energy market regulator, is considering raising the minimum duration of technologies eligible for a long-duration energy storage (LDES) support scheme.

We continue our look back at 2024 with a selection of our sponsored webinars broadcast throughout the year.

Vanadium flow batteries could be a workable alternative to lithium-ion for a growing number of grid-scale energy storage use cases, say Matt Harper and Joe Worthington from Invinity Energy Systems.