Energy Storage News•2 days ago
BW ESS: ‘11.5-hour LDES win moves us into new space for batteries’
Key Takeaway
The successful deployment of an 11.5-hour lithium-ion battery system by BW ESS demonstrates a significant expansion of viable long-duration energy storage solutions, creating new market opportunities and challenging previous assumptions about battery technology limits for developers and IPPs.
AI Summary
- •BW ESS is deploying an 11.5-hour lithium-ion Battery Energy Storage System (BESS) in Bannaby, Australia, showcasing the extended long-duration potential of standard Li-ion technology.
- •This project signifies a strategic move into a new market space for batteries, pushing beyond traditional short-duration applications and opening new opportunities for developers and IPPs.
- •The company's CEO discusses future deployment plans, evolving tolling trends, and procurement strategies, indicating shifts in how long-duration energy storage (LDES) projects are contracted and developed.
- •The achievement provides practical proof that lithium-ion can meet longer duration requirements, impacting market design and investment decisions for grid stability and capacity.
Topics
capacity-marketfinancingpolicyppastorage
Article Content
We caught up with the CEO of owner-operator BW ESS, Erik Strømsø, about the firm's next deployment plans, tolling trends, procurement and LDES, with its 11.5-hour Bannaby BESS in Australia further proof of lithium-ion's long-duration potential.