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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
118.61
-13.54 %
Peak
139.43
-14.14 %
OffPeak
97.8
-12.67 %
Base
117.44
-14.71 %
Peak
135.7
-16.63 %
OffPeak
99.18
-11.93 %
Base
31.45
-1.59 %
Peak
33.09
-8.34 %
OffPeak
29.82
7.15 %
Base
121.03
-6.66 %
Peak
137.53
-11.24 %
OffPeak
104.54
0.13 %
Base
120.26
-7.21 %
Peak
136.5
-11.85 %
OffPeak
104.03
-0.34 %
Base
118.22
-8.74 %
Peak
134.64
-13.02 %
OffPeak
101.8
-2.39 %
Base
547.16
-0.37 %
Peak
617.48
-0.35 %
OffPeak
421.04
-4.1 %
Ask for commodity data

Energy news

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 storage could halve telecoms networks’ electricity costs, Finland’s Elisa says

Europe’s telecommunications sector has the potential to deploy 15GWh of distributed energy storage (DES), halving its energy costs…

Spain awards contracts to 1.9GWh energy storage in first PERTE tender

The government of Spain, through the Institution for the diversification and energy savings (IDAE) has awarded 880MW/1809MWh in it…

NHOA’s new 311MWh BESS in Taiwan ‘designed specifically for new E-dReg ancillary service’

New HOrizons Ahead (NHOA) has completed work on a large-scale battery energy storage system (BESS) in Taiwan, designed specificall…

Spain allocates funding for 92MW generation, 186MWh energy storage on Canary Islands

The Spanish Ministry of Ecological Transition (MITECO) has allocated €85 million (US$91 million) to develop 51 renewable energy ge…

Energy news

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