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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.
Boralex plans li-ion and vanadium flow hybrid in France, Acciona colocates new and second-life EV batteries in Spain
Canada's Boralex will combine two battery types at an innovative site in France and Acciona Energía will study the performance of new, versus second-life, electric vehicle (EV) batteries at a stationary storage site in Badajoz, Spain.
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.
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Batteries cheaper than new thermal plants for Brazil’s reserve grid capacity
Analyst Aurora Energy Research estimates battery storage systems cost 10% less than new combined cycle thermal power plants – and could be 29% cheaper. <b>pv magazine</b> spoke to Aurora's <b>Inês Gaspar</b> about the figures.
‘Indian battery energy storage set for unprecedented growth’
A transformative shift in India’s energy landscape will take place by 2029, positioning the country as a global leader in energy storage innovation, according to Saurabh Kumar, vice president for India at the Global Energy Alliance for People and Planet (GEAPP) nonprofit.
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Return, Benbros team on 500 MW of battery storage projects in Spain
The two companies have entered into a joint venture with the initial aim to develop 10 standalone battery energy storage projects with a cumulative power output of 210 MW. The projects are described as well advanced in their development.
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