With the rise of AI-driven solutions for optimisation of trading using battery energy storage system (BESS) assets, Prudence Heck and Andrew Young of Spearmint Energy consider strategies and risks.

More similarities exist between the business models of trading energy from batteries and other, more ‘traditional’ types of asset than many people realise.

Milestone reached in utility-scale battery storage market development in Japan, with Pacifico Energy trading energy from two new projects.

Japanese conglomerate Itochu is launching its first grid-scale BESS project with utility Osaka Gas and finance group Tokyo Century Leasing.

Europe’s biggest battery storage system earned £2.3 million (US$2.85 million) revenues in Q1 2023.

Another edition of news in brief, this time from the UK’s booming large-scale battery energy storage system (BESS) market.

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

Energy storage developer Eolian has completed an investment in two standalone battery energy storage projects in Texas, which it claims is the first use of the Inflation Reduction Act’s new tax credit incentives (ITC).

Another serving of news in brief from around the world in energy storage.

Recently-formed developer Innovo Group is targeting a 1.5GW/9GWh lithium-ion BESS development portfolio in Italy and UK, with the first system in central Italy online in Q1 2024.