News on energy storage

How long does energy storage take?

BloombergNEF reports that energy storage systems in the U.S. and Europe average around four hours in duration, while that number decreases to two hours in China, which is the world’s largest marketplace. BloombergNEF expects 71 GW/ 193 GWh of stationary energy storage to be deployed in 2025.

What's happening with energy storage in 2024?

The start of 2024 saw the Edwards & Sanborn project, featuring 3,287MWh of battery storage alongside 864MW of solar PV, come fully online. Image: Terra-Gen As we welcome the end of another exciting, if sometimes challenging year, here are the most-read news stories on Energy-Storage.news for 2024.

Which battery energy storage projects have been successful in Western Australia?

2.6GWh of utility-scale battery energy storage projects have been successful in Western Australia’s first Capacity Investment Scheme tender. Energy storage developer Energy Vault is set to fully acquire the 125MW/1GWh Stoney Creek battery energy storage system (BESS) in New South Wales, Australia, from Enervest Group.

Why are stationary battery energy storage installations surging?

With expanding market opportunities and declining costs stationary battery energy storage installations are surging. Battery makers are awake to the opportunity, reports BloombergNEF, as stationary batteries account for an increasing amount of deployed capacity.

What's going on at the Energy Storage Summit Australia 2025?

NSW’s BESS pipeline, PHES in Tasmania and the ‘home of utility-scale storage’ were discussed at the Energy Storage Summit Australia 2025. ESN Premium discusses the ongoing adaptation of EV battery lines to stationary storage applications with Jaehong Park, CEO of LG ES Vertech.

Did battery energy storage systems help the energy system recover?

Battery energy storage systems (BESS) from several firms helped the energy system recover after the NSL interconnector, which connects the UK and Norway, suddenly stopped exporting power to the UK.