The New York Public Service Commission (PSC) has approved plans to guide the state to its 2030 energy storage policy target, including solicitations for large-scale battery storage.
Over a gigawatt of bids from battery storage project developers have been successful in the first-ever competitive auctions for low-carbon energy capacity held in Japan.
Germany and Spain are among the energy storage markets of Europe that clients are most keen to learn more about, according to Wood Mackenzie analyst Anna Darmani.
Battery energy storage systems (BESS) were awarded 655.16MW in the UK’s T-1 Capacity Market Auction for delivery year 2024/25, which cleared yesterday (20 February) after eight rounds at £35.79 (US$45.17)/kW/year.
Energy storage systems (ESS) will become India’s most invested-in clean energy asset class during this decade, but it’s likely to be pumped hydro, not lithium-ion batteries, that see the most deployments.