Four-hour battery storage is less expensive than open-cycle gas turbines in the 43 markets in which both technologies were modelled, according to a new report from market research firm Wood Mackenzie.
South Africa’s government has put battery storage and power-to-gas technologies at the heart of the national long-term electricity supply and demand strategy.
Three US utilities, Ameren Missouri, DTE Energy in Michigan, and Black Hills Energy in Colorado have recently submitted IRPs with highlighted BESS project additions.
The European Commission’s late approval of Germany’s capacity market auctions leaves no room for public scrutiny, according to environmental law charity ClientEarth.
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.
