Latest News

Automated analysis of power industry news, curated for developers and large loads.

Energy Storage News10 days ago

Australia’s energy transition ‘not a pipe dream,’ says new Clean Energy Council CEO

  • Jackie Trad, the new CEO of the Clean Energy Council, affirmed that Australia's energy transition is actively underway and not merely aspirational.
  • This declaration, made at All-Energy Australia 2025, signals strong industry and leadership commitment to renewable energy development.
  • For developers and large power consumers, this reinforces a stable and growing market for clean energy projects and associated infrastructure in Australia.
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POWER Magazine11 days ago

Data Centers Are Turning to Gas Generators for Prime Power to Eliminate Long Lead Times for Grid Connections

  • Data centers are increasingly deploying gas generators for prime power, moving beyond their traditional backup role.
  • This strategic shift is driven by chronic power shortages and excessively long lead times for grid interconnections across North America.
  • Data center developers are prioritizing speed to market and operational certainty by investing in on-site generation to bypass grid bottlenecks.
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Energy Storage News11 days ago

Tesla reports record energy storage deployments and profit ahead of vote on Musk’s monster pay proposal

  • Tesla reported record energy storage deployments in Q3 2025, indicating robust market demand and successful project execution.
  • The energy storage business segment achieved significant profits, signaling the financial viability and growth potential of storage solutions.
  • This performance suggests increasing availability and potentially competitive options for developers and large power consumers seeking grid-scale or commercial/industrial (C&I) storage solutions.
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POWER Magazine11 days ago

Fusion Energy Group Hits Construction Milestone at Massachusetts Campus

  • Commonwealth Fusion Systems (CFS) has achieved a significant construction milestone for its SPARC tokamak in Devens, MA, with the arrival of the first half of the vacuum vessel.
  • This development represents tangible progress in fusion energy, a potential future baseload, carbon-free power source that could fundamentally alter long-term generation portfolios and grid planning for developers and IPPs.
  • For large power consumers, fusion offers the promise of stable, emissions-free power, potentially providing long-term price stability and meeting growing demand, though widespread commercialization is still decades away.
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Energy Storage News11 days ago

Zinc battery storage startup Eos to invest US$353 million in manufacturing and HQ move to Pennsylvania

  • Zinc battery storage OEM Eos Energy is investing US$353 million to establish its manufacturing and headquarters in Pennsylvania, boosting domestic supply.
  • Eos has secured new energy storage project agreements with major players Talen Energy and MN8 Energy, signaling market adoption for its technology.
  • This expansion provides developers and large power consumers with an increasingly viable, non-lithium-ion battery storage option and strengthens the US energy storage supply chain.
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Energy Storage News11 days ago

‘Terna is the big winner’: Taking stock of Italy’s MACSE auction

  • Italy's TSO, Terna, successfully procured 10GWh of long-term electricity capacity through the MACSE auction.
  • The auction resulted in 'extremely low prices' for the procured capacity, making Terna the primary beneficiary.
  • This outcome signals a highly competitive market environment for energy storage and capacity developers in Italy, potentially impacting project profitability.
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Energy Storage News11 days ago

Singapore: 670MW ‘hydrogen-ready’ CCGT with integrated battery storage, inertia trial at Southeast Asia’s biggest BESS

  • Singapore's Jurong Island is set to host a 670MW 'hydrogen-ready' Combined Cycle Gas Turbine (CCGT) power plant.
  • The project includes integrated battery storage, featuring what will be Southeast Asia's largest Battery Energy Storage System (BESS), which will also conduct an inertia trial.
  • This development highlights a strategic shift towards flexible, hybrid generation solutions, offering enhanced grid stability and a pathway for future decarbonization through hydrogen readiness.
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Energy Storage News11 days ago

Australia: Energy storage comprises 26.1GW of AEMO’s record 56.6GW NEM project pipeline

  • Australia's National Electricity Market (NEM) has a record 56.6 GW development pipeline for new generation and storage capacity.
  • Energy storage projects constitute a significant 26.1 GW (46%) of this pipeline, indicating a strong market focus on grid flexibility and renewable integration.
  • This massive pipeline signals substantial future supply growth and investment opportunities for developers in the Australian market, particularly in battery energy storage systems.
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POWER Magazine12 days ago

Google Has Deal with NextEra to Restart Duane Arnold Nuclear Plant

  • Google has signed a 25-year Power Purchase Agreement (PPA) with NextEra Energy to secure power from the Duane Arnold nuclear plant.
  • This long-term PPA underpins NextEra's plan to restart the Duane Arnold nuclear plant, which was previously retired.
  • The deal signifies a major technology company's commitment to securing firm, carbon-free power directly from a nuclear asset.
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Energy Storage News12 days ago

UAE: Masdar begins work on ‘world-largest’ solar-plus-storage project with 19GWh BESS

  • Masdar has commenced construction on what is described as the 'world's largest' solar-plus-storage project in Abu Dhabi, featuring an unprecedented 19GWh Battery Energy Storage System (BESS).
  • This project sets a new global benchmark for the scale of integrated solar and battery energy storage, signaling a trend towards gigawatt-hour scale BESS deployments that can provide massive grid stability and firming capacity.
  • For large power consumers, this scale of BESS integration implies significantly enhanced reliability and availability of renewable energy, potentially leading to more competitive and stable green power Purchase Power Agreements (PPAs).
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Energy Storage News12 days ago

‘Significantly more complex than expected’: Redearth’s Australian vehicle-to-grid launch

  • RedEarth has delayed the launch of Australia's first locally manufactured vehicle-to-grid (V2G) charger, citing unexpected complexity.
  • The delay signals significant technical and/or regulatory challenges in bringing novel V2G technology to market, impacting deployment timelines for developers and large power consumers.
  • This project, while delayed, represents an early-stage effort in V2G integration, offering insights into the practical hurdles of deploying such systems at scale.
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Energy Storage News12 days ago

Australia’s Cheaper Home Batteries Program reaches 2GWh of storage capacity

  • Australia's 'Cheaper Home Batteries Program' has achieved over 100,000 installations, deploying 2GWh of subsidized distributed energy storage capacity for households and small businesses.
  • This significant deployment signals strong government policy support for behind-the-meter storage, creating a robust market for battery OEMs and installers.
  • The 2GWh of distributed capacity represents a growing pool of flexible resources that can be aggregated into Virtual Power Plants (VPPs), impacting peak demand, grid stability, and creating new revenue streams for developers and IPPs.
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Energy Storage News15 days ago

California utility renegotiates purchase agreement with RWE for 476MWh BESS after regulator rejects initial proposal

  • San Diego Gas & Electric (SDG&E) is seeking regulatory approval to acquire an operational 476MWh Battery Energy Storage System (BESS) in Imperial County from RWE.
  • This acquisition follows a renegotiation of the purchase agreement after the initial proposal was rejected by regulators, indicating heightened scrutiny on BESS project economics and PPA terms.
  • The transaction involves an operational asset, suggesting a potential trend towards utilities acquiring existing storage capacity, which could impact new development opportunities and market dynamics.
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Energy Storage News15 days ago

South Korean government investment in US BESS developer ‘reflects shared commitment to reliable, affordable power’

  • US BESS developer Peregrine Energy Solutions secured US$130 million in investment, notably including capital from the South Korean Ministry of Environment.
  • This significant international funding signals strong confidence in the growth and profitability of the US battery energy storage market for developers.
  • Increased capital for BESS developers will likely accelerate the deployment of storage projects, enhancing grid reliability and potentially stabilizing energy prices for large power consumers.
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Energy Storage News15 days ago

Samsung C&T proposes 200MW grid-scale battery storage system in Queensland, Australia

  • Samsung C&T is proposing a 200MW grid-scale Battery Energy Storage System (BESS) near Townsville, Queensland, seeking federal approval.
  • This significant BESS project will add substantial grid flexibility and ancillary service capacity to the Queensland market, potentially influencing wholesale energy prices and stability.
  • The announcement signifies continued large-scale energy storage development by a major international player in Australia, indicating ongoing investment in grid modernization and new market opportunities for developers.
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Energy Storage News16 days ago

Raffeisen pension fund joins EBRD, EU on large-scale Croatia BESS and VPP investment

  • A €16 million (US$18.5 million) project in Croatia will combine large-scale Battery Energy Storage Systems (BESS) with a Virtual Power Plant (VPP).
  • The investment is backed by a diverse consortium including a Raffeisen pension fund, the European Bank for Reconstruction and Development (EBRD), and the EU Modernisation Fund, signaling strong institutional confidence in hybrid energy solutions.
  • This project highlights the increasing financial viability and market maturity for grid-scale battery storage and VPPs, offering developers a model for securing diverse funding.
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Energy Storage News16 days ago

California BESS legislation update: Fire safety bill becomes law, permitting restrictions do not

  • California has enacted new fire safety legislation for Battery Energy Storage Systems (BESS), which will introduce new compliance requirements and potential cost considerations for developers and IPPs.
  • Proposals for additional permitting restrictions on BESS projects in California did not pass into law, which is a favorable outcome for developers, indicating continued relative ease of project approval.
  • The legislative session's outcome presents a mixed regulatory environment for BESS in California: increased safety oversight balanced by the absence of new permitting hurdles, impacting project timelines and costs for developers and large power consumers.
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Energy Storage News16 days ago

Philippines ‘entering an era where energy storage is indispensable’, says solar pioneer

  • The Philippines is at a crucial turning point, recognizing energy storage as indispensable for its grid, driven by increasing renewable energy integration.
  • This shift signals a rapidly expanding market for energy storage projects, presenting significant development and investment opportunities for IPPs and developers.
  • Policy and regulatory frameworks are likely evolving to support and incentivize large-scale energy storage deployment, creating a more favorable environment for new projects.
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Energy Storage News16 days ago

ARENA funds world-first ‘inverterless’ battery storage tech from Australian startup Relectrify

  • Australian startup Relectrify secured AU$25 million from ARENA to develop its 'world-first' inverterless battery energy storage system (BESS).
  • This novel technology aims to eliminate traditional inverters, potentially reducing BESS capital costs, improving system efficiency, and simplifying deployment.
  • The innovation could lead to more cost-effective and scalable battery storage solutions, enhancing project economics for developers and offering cheaper, more reliable power options for large power consumers.
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Energy Storage News17 days ago

US battery storage financing ‘has become more challenging’

  • US battery energy storage system (BESS) project financing has become more challenging, according to industry experts.
  • This trend likely translates to higher capital costs and increased risk for BESS projects, potentially impacting project viability and PPA pricing for developers.
  • Large power consumers seeking BESS solutions or stable PPA rates may face longer development timelines and less favorable terms due to financing hurdles.
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