South Australia has officially opened its inaugural Firm Energy Reliability Mechanism (FERM) tender round, seeking up to 700MW of long-duration energy storage (LDES) capacity to enhance grid reliability and support the state’s renewable energy transition.
RWE Renewables Australia has successfully registered Australia’s first 8-hour duration battery energy storage system (BESS) with the Australian Energy Market Operator (AEMO).
Emerging tech must prove it can outcompete the incumbent, writes Sightline Climate analyst Lukas Karapin-Springorum, outlining the state of play in LDES technology today.
The hugely anticipated draft National Electricity Market (NEM) review report, led by Tim Nelson, has been released, outlining key market reforms with implications for energy storage.
Steady price falls the past few years have made lithium-ion BESS a real contender for long-duration energy storage (LDES), and that is now reflected in global project pipelines.
UK power generation firm Drax will not bid its Cruachan II pumped hydro energy storage (PHES) project into the LDES cap and floor scheme, saying that costs have risen while ‘recoverability of capital’ is unclear.
Leading BESS owner-operators in the UK have signalled their opposition to the government’s cap and floor support scheme for long-duration energy storage (LDES) in an open letter. We spoke to one its signatories James Basden, founder of Zenobē, about why.
