New market rules will encourage investment in energy storage as a key component of Thailand’s national energy vision, according to the country’s energy ministry.

The Queensland government has reportedly shelved the proposed AU$6 billion (US$4 billion) Mt Rawdon pumped hydro project, ending state support for a mine-repurposing scheme that had attracted AU$50 million in government funding.

The Australian government has introduced a dedicated First Nations Set Aside pilot into both Capacity Investment Scheme Tenders 9 and 10.

The rising costs of coal and gas mean that the adoption of renewable energy is a “survival issue” for countries in Southeast Asia, and energy storage is critical to the transition.

Energy Storage Summit Asia 2026 convenes in Bangkok as Vietnam’s tariff reform, Cambodia’s grid milestone, and AI demand reshape the region.

The Australian government has announced the results of Capacity Investment Scheme (CIS) Tender 8, selecting 15 battery energy storage projects across the National Electricity Market (NEM), totalling 4.2GW/16.1GWh.

Developer BLT Energy has received development approval for the 800MW/4,800MWh Red Gully BESS in Western Australia.

A ‘staged approach’ to implementing the EU Battery Passport could be essential if Europe is to improve its battery supply chain.

‘We are walking with open eyes into new dependencies,’ said ReCharge’s Ilka von Dalwigk at the Energy Storage Summit.

The inertia market could be a significant contributor to the German energy mix, despite the challenges that remain.