South Australia has officially opened its inaugural Firm Energy Reliability Mechanism (FERM) tender round, seeking up to 700MW of long-duration energy storage (LDES) capacity to enhance grid reliability and support the state’s renewable energy transition.
Following the recent notification, the Rajasthan government will develop 500MW/2,000MWh of standalone battery energy storage systems (BESS) with a four-hour single-cycle configuration and extended operational life.
Australia’s Capacity Investment Scheme (CIS) has awarded 4.13GW/15.37GWh of battery storage capacity in its third tender round, exceeding initial targets and attracting 135GWh of bids.
India’s ambitious drive for renewable energy has accelerated the need for energy storage, but there are many factors to success, writes Charith Konda of the Institute for Energy Economics and Financial Analysis (IEEFA).