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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
Petrochemical and Refining Congress is an annual downstream oil and gas B2B networking platform which is gathering more than 350 industry leaders from...

Commodity data

Electricity

Base
99.97
-9.95 %
Peak
111.33
-11.83 %
OffPeak
88.6
-7.47 %
Base
99.86
-9.45 %
Peak
111.33
-11.97 %
OffPeak
88.38
-6.08 %
Base
98.56
-11.46 %
Peak
111.33
-11.55 %
OffPeak
85.79
-11.35 %
Base
431.62
-21.43 %
Peak
455.51
-23.34 %
OffPeak
373.7
-15.86 %
Base
123.38
-26.47 %
Peak
138.09
-32.76 %
OffPeak
108.67
-16.56 %
Base
121.82
-23.86 %
Peak
135.15
-29.4 %
OffPeak
108.49
-15.62 %
Base
35.54
13 %
Peak
37.49
13.3 %
OffPeak
33.6
12.68 %
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Energy news

Metal-hydrogen battery firm EnerVenue launches integrated ESS unit

EnerVenue has launched an integrated energy storage system (ESS) solution comprised of its metal-hydrogen batteries, which it clai…

EU-Breakthrough Energy partnership invests €60 million in long-duration CO2 Battery project in Italy

Energy Dome, the startup commercialising a proprietary carbon dioxide-based long-duration energy storage (LDES) tech called the CO…

South Africa: Scatec amongst winners of 513MW battery storage tender

Norway-based IPP Scatec has won preferred bidder status for a 103MW/412MWh battery energy storage system (BESS) project in South A…

Kenya government power company appointed for World Bank-funded energy storage pilot

Kenya Electricity Generating Company (KenGen) has been selected to carry out a battery storage pilot project, through a programme…

Wärtsilä touts safety features, energy density improvements for new Quantum BESS solution

Wärtsilä Energy has launched its newest battery energy storage system (BESS) solution for utility-scale applications, claiming tha…

Energy news

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