Climate Energy Finance’s Tim Buckley argues that geopolitical instability exposes Australia’s oil dependency and positions the country as a safe haven for international renewable energy capital.
A second-round auction in the UK for grid stability services, including inertia, concluded without any wins for grid-forming battery energy storage system (BESS) projects.
The results of Poland’s capacity market (CM) were announced this week, with fewer awards to BESS than last year because of a reduction in the technology’s de-rating factor.
PJM has awarded 23 battery energy storage system (BESS) resources, totalling 2.2GW, with interconnection agreements (IAs) in its first transition cycle (TC1) of the reformed interconnection process.
Three companies, Pacifico Energy, Zenith Volts, and Fermi America have begun expanding power generation and energy storage capabilities for US data centre development.
Idaho Power’s updated integrated resource plan adds more solar, wind and energy storage than gas generation, while Public Service Company of New Mexico gets 450MW of solar and storage added to its resource application.
Subsidiary of the AES Corporation, AES Indiana, has announced the opening of the 200MW/800MWh Pike County Battery Energy Storage System (BESS) in Pike County, Indiana, US.
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.
Battery storage is playing an active role in helping New York City retire its fleet of peaker power plants, with around 700MW of its most polluting power generation assets already fully retired.
