ECONOMIC PLANNER RELEASES PRIORITIZED ACTIONS IN 2024

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Oslo energy storage field 2024 forecast

Oslo energy storage field 2024 forecast

From just under 0.5 terawatts (TW) in 2024, total capacity is expected to rise ninefold to over 4 TW by 2040, driven by battery energy storage systems (BESS). Last year saw a record-breaking 200 gigawatt-hours (GWh) of new BESS projects coming online, a growth rate of 80%.
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North asia releases energy storage policy

North asia releases energy storage policy

With Document 136 abolishing mandatory energy storage requirements and Document 394 pushing for comprehensive electricity spot market coverage, this policy combo directly addresses two critical aspects of the energy storage industry: revenue logic and safety baseline.
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