In Short : China’s electricity market reforms, combined with the rapid global expansion of data centres, are accelerating demand for large-scale battery energy storage systems. As grids become more flexible and power consumption rises, batteries are emerging as critical assets for balancing supply, ensuring reliability, and supporting renewable integration, triggering a significant global battery investment […]
EU leaders agree to fast-tracked deal on power reforms – EQ Mag
EU leaders want to see power market design reforms intended to mitigate volatile prices agreed this year, they said after discussing the bloc’s energy situation at a summit in Brussels late on Thursday. They also urged companies to make “full use” of the EU’s joint gas buying option through the new Aggregate EU Platform to […]
