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US large-scale BESS installations in 2023 already exceed whole of 2022

US large-scale BESS installations in 2023 already exceed whole of 2022

The amount of large-scale battery energy storage systems (BESS) completed in the US as of Q3 2023 already exceeds the whole of 202…

World’s energy storage capacity forecast to exceed a terawatt-hour by 2030

World’s energy storage capacity forecast to exceed a terawatt-hour by 2030

Cumulative energy storage installations will go beyond the terawatt-hour mark globally before 2030 excluding pumped hydro, with li…

Without Plan B, Europe Clings On To Russian Oil & Gas

Without Plan B, Europe Clings On To Russian Oil & Gas

Investigations by the NGO Global Witness have brought up that Europe is has increased its purchase of Russian liquefied natural ga…

Northvolt raises US$1.2 billion and produces first  BESS at Poland plant

Northvolt raises US$1.2 billion and produces first BESS at Poland plant

European lithium-ion gigafactory firm Northvolt has started producing battery energy storage systems (BESS) at its Northvolt Dwa f…

EU approves Slovenia’s €150 million grants for renewables and energy storage

EU approves Slovenia’s €150 million grants for renewables and energy storage

The European Commission has given the go-ahead to a €150 million (US$160 million) state aid scheme for renewable energy and energy…

‘Geothermal battery’ company EarthBridge Energy secures Texas site

‘Geothermal battery’ company EarthBridge Energy secures Texas site

Geothermal-based energy storage company EarthBridge Energy has secured land rights to deploy its technology in Texas. The Texas Ge…

Tesla in highest quarterly energy storage deployments since division launched

Tesla in highest quarterly energy storage deployments since division launched

Tesla has recorded its highest energy storage deployments to date in the first quarter of 2023, enabled by the ramp up of its Mega…

Evolution of business models for energy storage systems in Europe

Evolution of business models for energy storage systems in Europe

New opportunities emerge to offer stable revenues as the need for storage in Europe is rampant As markets in Europe gain in compl…

European Commission’s ‘raised ambition’ for energy storage in Electricity Market Design welcomed, with caveats

European Commission’s ‘raised ambition’ for energy storage in Electricity Market Design welcomed, with caveats

Initial reaction to the European Commission’s proposal on reforming Electricity Market Design (EMD) from energy storage industry a…

Silicon Valley Bank: deposits safe but questions over impact on availability of capital for clean energy sector

Silicon Valley Bank: deposits safe but questions over impact on availability of capital for clean energy sector

The collapse of Silicon Valley Bank (SVB) has raised questions around the availability of capital for the clean energy sector, hav…

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Event calendar

PETROCHEMICAL & REFINING CONGRESS: EUROPE 2024

13. 05. 2024 09:00 - 15. 05. 2024 19:00
Amsterdam, Netherlands
The Petrochemical and Refining Congress: Europe 2024 welcomes downstream leaders, including oil and chemical companies, EPCs, licensors, refineries an...

Commodity data

Electricity

Base
74.01
-28.85 %
Peak
82.78
-30.1 %
OffPeak
65.24
-27.19 %
Base
81.89
-20.51 %
Peak
94.24
-18.81 %
OffPeak
69.55
-22.69 %
Base
35.54
-8.08 %
Peak
37.49
-15.75 %
OffPeak
33.6
2.35 %
Base
95.25
-12.59 %
Peak
113.94
-7.43 %
OffPeak
76.56
-19.28 %
Base
96.85
-10.59 %
Peak
114.98
-5.77 %
OffPeak
78.72
-16.82 %
Base
89.64
-15.07 %
Peak
102.34
-13.4 %
OffPeak
76.95
-17.2 %
Base
453.52
-10.35 %
Peak
500.88
-12.41 %
OffPeak
361.49
-12.81 %
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Energy news

Engie enlists Canadian Solar for 200MWh of Scotland BESS projects

Global utility and IPP Engie has partnered with the energy storage arm of PV module manufacturer Canadian Solar for two battery en…

ROUNDUP: Key Capture Energy CEO, Energy Vault BESS evaluated, Dominion Virginia project online

News in brief from around the world in energy storage, with Key Capture Energy, Energy Vault and Dominion Energy Virginia. Key Cap…

LDES Roundup: Hydrostor, CMBlu, Highview, Aquabattery projects

A roundup of long-duration energy storage (LDES) news from around the world this week, including Hydrostor, CMBlu, Highview Power,…

EC, Australia, US and Canada back global initiative to promote battery storage

The European Commission, along with the national governments of Australia, the US and Canada, have backed a new initiative to prom…

SUSI and SMT double ERCOT BESS portfolio with 100MW deal

Investors SUSI Partners and SMT Energy have added 10 BESS projects in the ERCOT, Texas market totalling 100MW, building on an alre…

Energy news

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