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High-voltage grid and market operator ISO New England has requested separate classification of energy storage as a transmission asset.
Energy storage could be a powerful asset in facilitating transmission network upgrades required for New York’s low carbon energy transition.
Fluence said the company is on track to grow revenues by almost a third on “multi-year” basis, leading to breakeven EBITDA in 2024.
Fluence reported its highest quarterly and yearly revenues, forecasting adjusted gross profits of US$60 million to US$100 million for next year.
A 30MW battery energy storage system has been inaugurated by transmission system operator (TSO) ISA CTEEP in Brazil.