Battery storage can turn record-high instances of negative spot pricing in Australia’s National Electricity Market (NEM) into investment opportunities.
On day one of the Energy Storage Summit Australia 2025, the audience heard that although 2 to 4-hour duration battery energy storage systems (BESS) are favourable, longer durations are starting to challenge this.
Florida’s largest utility, Florida Power & Light (FPL), is ramping up its energy storage ambitions across the Sunshine State, with plans to deploy over 2.2GW of new BESS between 2026 and 2027.
The government Department of Energy (DOE) of the Philippines has opened the initial steps of an auction scheme for renewables paired with energy storage.
US solar and storage developer Adapture Renewables has acquired a hybrid 110MW solar and 110MW battery energy storage system (BESS) project from Samsung C&T Renewables.