The Port of Newcastle has become the first port in New South Wales, Australia, to be approved to safely store grid-scale lithium-ion battery storage systems.
State of charge (SOC) is on the face of it a straightforward measurement for batteries and BESS. But in reality, it’s highly complex and under- or over-reporting still happens in the industry, leading to under-performance and losses in revenue.
UK energy regulator Ofgem has shortlisted 16 projects for the first ever long-duration energy storage (LDES) cap-and-floor scheme, totalling 7.6GW of capacity ranging from 8- to 22-hour durations.
South Australia’s first Firm Energy Reliability Mechanism (FERM) tender has awarded agreements to six battery energy storage projects totalling 1,334MW and 5,336MWh.