Markets
Markets ESS News
Markets ESS News

Policymakers are increasingly recognizing the value of energy storage for building a greener, flexible, and reliable energy system. In a growing number of markets, energy policies are being introduced to support both deployment and local manufacturing.

Be it through procurement exercises or other market mechanisms, policymakers have intensified efforts to drive the development and deployment of all energy storage solutions.
However, in most markets, some barriers still exist.

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Latest News

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Annual lithium-ion demand surpasses 1 TWh for the first time The big milestone comes on the back of a record month for electric vehicle (EV) sales and strong battery energy storage system (BESS) deployment. However, EV demand remains far behind BESS with the latter's impressive growth reaching a year-on-year increase of 175% and cumulative 19.4 GWh deployed in November alone.
Marija Maisch
Dec 20, 2024
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Australian utility-scale battery deployment surges past solar, wind – falls short of requirements Big BESS is booming Down Under, with almost 5 GW of projects under construction in 2024, according Rystad Energy. While encouraging, the analyst reports that the volume remains insufficient to overcome growing rates of renewable curtailment. “We have around 3 GW operational at the moment, but about half of that is still in commissioning. So you still only have 1.5 GW on the market where the average load is 23 GW,” Rystad Energy’s David Dixon tells ESS News.
Jonathan Gifford
Dec 20, 2024
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Cypriot utility aims to add 400 MWh of battery storage  Cyprus state-owned utility, the Electricity Authority of Cyprus, is looking to add 400 MWh of battery storage capacity, however local energy market stakeholders have different plans. Unless there is a solution to this deadlock, the island country will continue curtailing massive amounts of solar electricity.
Ilias Tsagas
Dec 20, 2024
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Germany’s Manz announces insolvency application The production equipment manufacturer cited “market distortions in the European battery cell market” as the main reason.
Jochen Siemer
Dec 20, 2024
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drax pumped hydro
UK regulator unveils first details of LDES cap-and-floor scheme Ofgem sets out proposals for long-duration energy storage support scheme in letter to industry. Increased minimum capacity requirements and secured grid connection agreements floated as regulator acknowledges need to move quickly to meet government deployment targets.
Matthew Lynas
Dec 19, 2024
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Spain plans first capacity market auctions for summer 2025 The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has opened consultation about a capacity mechanism to ensure security of electricity grid supply. The resulting capacity market would be expected to be operational in 2026.
Pilar Sanchez Molina
Dec 19, 2024
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Kosovo launches 360 MWh battery storage auctions Applications for prequalification for the design and build of utility-scale battery energy storage systems (BESS) and transmission connection infrastructure should be submitted by February 14.
Marija Maisch
Dec 19, 2024

All Markets news

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BloombergNEF: Stationary storage installations surge to 170 GWh in 2024 With expanding market opportunities and declining costs stationary battery energy storage installations are surging. Battery makers are awake to the opportunity, reports BloombergNEF, as stationary batteries account for an increasing amount of deployed capacity.
Jonathan Gifford
Dec 18, 2024
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Utility-scale leads as Italy adds 4.4 GWh of energy storage in nine months Italy's cumulative 692,386 energy storage systems, installed by Sep. 30, 2024, had a total power output of 5,034 MW and storage capacity of 11,388 MWh, according to the National Federation of Electronic and Electrotechnical Companies (Anie).
Sergio Matalucci
Dec 18, 2024
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Tesla batteries at a solar facility
India to mandate energy storage for solar, wind projects India is likely to follow in the footsteps of China and mandate the inclusion of battery storage capacity for future wind and solar energy projects.
Marija Maisch
Dec 17, 2024
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Reliance lands 1.86 GWh battery storage in Indian solar-plus-storage tender Reliance NU Suntech will develop the solar-plus-storage capacity on a build, own, operate basis. The project will supply electricity under a 25-year power purchase agreement (PPA) with the Solar Energy Corp. of India (SECI).
Uma Gupta
Dec 17, 2024
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Peak Energy behind Colorado sodium-ion battery cell engineering center The company seeks to commercialize alternatives to utility-scale lithium-ion battery energy storage.
Michael Puttré
Dec 17, 2024
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A TagEnergy BESS at Hawkers Hill Energy Park in the UK
UK plans for 22 GW battery storage fleet by 2030 Clean Power 2030 plan unveiled by UK government includes key role for battery energy storage systems (BESS) in providing short-term flexibility. Support for long-duration energy storage (LDES) and changes to standing charges for behind the meter storage also proposed.
Matthew Lynas
Dec 17, 2024
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Spain allocates €150m for 2.82 GWh of grid-scale, standalone batteries The 45 battery and thermal energy storage projects allocated European Union subsidies will add more than 779 MW/3.4 GWh of capacity to the Spanish grid.
Pilar Sanchez Molina
Dec 16, 2024
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Envision secures 1 GWh deal with EDF, South Africa’s largest battery energy storage order The projects represent three of the five winning bids in South Africa’s inaugural Battery Energy Storage Independent Power Producer Procurement Programme (BESIPPPP).
Vincent Shaw
Dec 16, 2024
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Montenegro to launch 300 MWh battery storage tender Montenegro’s Elektroprivreda Crne Gore (EPCG) has upped the ante for its first battery energy storage tender.
Marija Maisch
Dec 16, 2024

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