The six US states comprising New England have banded together to request federal government funding for large-scale electricity transmission and storage projects.

Results of the 18th Forward Capacity Auction (FCA) held by ISO New England have been filed, with energy storage’s participation having soared in recent years.

Projects in Massachusetts have been granted key approvals, ending a situation described as a regulatory “black hole” by one local news outlet.

Investing in numerous smaller grid-scale energy storage projects minimises downside risk and can mean getting projects in the ground two years’ quicker, developer Agilitas Energy told Energy-Storage.news.

Two 5MW/10MWh battery storage units have entered commercial operation in Vermont, US, owned by Strata Clean Energy, deployed by LS Energy Solutions, and financed using the new investment tax credit (ITC).

Senators in Maine are considering legislation to accelerate energy storage development, including a focus on who is allowed to own resources placed on transmission and distribution grids.

Developer BlueWave talked Energy-Storage.news through the opportunities for energy storage in ISO New England (ISO-NE), one of only a few markets where ancillary services are not part of the long-term value stack.

The first phase of a residential battery storage program in the US state of New Hampshire has met all its conditions and saved the utility “more than expected” after an initial 100 units were deployed.

Stem Inc has posted close to a 200% increase in revenues in both its fourth quarter and full-year financial results for 2022.

High-voltage grid and market operator ISO New England has requested separate classification of energy storage as a transmission asset.