The award of contracts to 1GW of battery storage was the “biggest news” to emerge from the latest round of Capacity Market auctions held in the UK.

Guidehouse Insights says that the annual power capacity deployments of battery-based residential energy storage systems (RESS) are expected to grow at a CAGR of 21.3% from 2021 to 2030 globally.

Georgia Power has filed its 2022 integrated resource plan (IRP), highlighting the decreasing economic viability of it coal and seeking to add resources including renewables, gas and battery storage.   

Solar Media Market Research analyst Mollie McCorkindale offers insights into the UK’s green hydrogen sector.

Hitachi Energy has won a tender to supply a large-scale battery energy storage system (BESS) in the Northern Territory, Australia. 

Prequalification results for the UK’s T-4 and T-1 Capacity Market auctions have been released, with battery storage rising significantly in both.

Annual residential battery storage installations in Europe passed the 100,000 mark for the first time ever in 2020, reaching a cumulative total of 3GWh capacity. 

The success in a recent capacity market auction of large-scale battery energy storage system (BESS) projects in Belgium is a sign of the European country’s energy storage market maturing, Energy-Storage.news has heard. 

Energy storage technologies have largely been ignored in discussions at and around COP26 climate talks. That’s not good enough, argues Amit Gudka of Field.

Financial close has been reached for a 25MW / 100MWh battery energy storage system (BESS) project in Belgium which has also been successful in a grid capacity auction alongside gas-fired power plants.