Ontario’s Independent Electricity System Operator (IESO) has made Canada’s biggest energy storage procurement to date, selecting nearly 1.8GW of projects through a Request for Proposals (RFP).

Energy security concerns are very real, but jumping into a ‘dash for gas’ would be a mistake, and LNG is not the answer, writes Eric Dresselhuys, CEO of ESS Inc.

This week’s Friday Briefing is largely concerned with the UK’s current period of low revenues for battery storage and how the market can move forward.

The Canadian province of Ontario should put around 6GW of long-duration energy storage (LDES) on its grid by 2032 to cost-effectively meet demand and stay on track to hit net zero targets.

Ameren Missouri aims to procure 800MW of battery storage, representing US$650 million investment, in its service area connected to MISO grid.

Australia’s second largest battery storage facility has been brought into commercial operation by project owner AGL and system integrator Wärtsilä.

The backing of new Electricity Market Design proposals by the European Parliament is welcome, but the plan still falls short in its support for energy storage technologies.

More similarities exist between the business models of trading energy from batteries and other, more ‘traditional’ types of asset than many people realise.

Ontario and Alberta account for the bulk of Canada’s installed, planned and proposed large-scale energy storage today. The rest of the country can lean on the experiences and lessons learned, Andy Colthorpe hears from developers and expert voices.

The first contract awards for Ontario’s expedited procurement have been announced, in which 739MW of battery storage bids were successful.