The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

StorageAus

May 10, 2024
Commissioning has been completed on the first commercial-scale project using Energy Vault’s gravity energy storage technology, while the firm has also secured a 400MWh BESS order for a project in Australia. However, it expects revenues this year to be 70-85% lower than 2023.
May 2, 2024
Australia’s energy storage sector has seen trio of significant announcements around major battery energy storage system (BESS) projects.
May 1, 2024
G7 nations have agreed a new global energy storage target of 1500GW by 2030, a six-fold increase from today’s levels.
April 29, 2024
IPP Neoen has launched construction on the the second phase of its Collie BESS project in Western Australia, following a capacity services contract award.
March 5, 2024
Developer Someva Renewables and utility AGL have proposed a project in New South Wales combining wind, solar and up to 500MW/2,000MWh of energy storage.
January 17, 2024
An official opening took place this morning for the new vanadium flow battery electrolyte factory in Western Australia build by Australian Vanadium (AVL).
January 16, 2024
Australia runs a great risk of failing to meet its ambitious but achievable renewable energy goals, writes Stephanie Bashir, CEO of Nexa Advisory, who explains why utility-scale energy storage is among the crucial tools in the country’s energy transition toolkit.
January 10, 2024
The newest ancillary services product in Australia’s National Electricity Market (NEM) has been forecast to offer “significantly higher” revenues than other opportunities for battery storage.
January 9, 2024
Vertically integrated solar PV company Canadian Solar has sold a grid-scale battery energy storage system (BESS) project in South Australia to Epic Energy.
December 21, 2023
Akaysha Energy took Final Investment Decision (FID) on Queensland BESS, while another of its projects has achieved key grid code compliance.

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