A year ago, Bloomberg NEF (BNEF) reported the largest annual drop in battery prices since 2017. Turnkey energy storage system prices fell by around 40%, dropping to US$165/kWh in
In March 2025, Energy Storage Summit Australia reported the possible explosive growth of large-scale battery energy storage systems (BESS) in the future of Australia’s National
Private capital is shifting towards distributed energy solutions, including batteries (BESS), EV charging, and fleet electrification, rather than solely focusing on large, centralised projects. These
Major battery manufacturers, including Tesla, LG, and GM, are shifting their focus from electric vehicles (EVs) to large-scale energy storage systems (ESS) as demand for
Battery energy storage systems (BESS) play the imperative role in the energy transition of providing firming capacity. In the UK, battery storage approvals reached record
The Waratah Super Battery was designed as a shock absorber for NSW’s electricity grid. When extreme weather, bushfires or surging demand threaten outages, this $1
In a previous blog, I introduced the concept of the “beak to belly ratio” in the context of working out a short run marginal cost
