Southeast Asia’s ambition to create an interconnected electricity market remains constrained by a missing regional framework for cross border power trade, according to Sarawak Premier Tan Sri Abang Johari Tun Openg. Despite years of discussion around the ASEAN Power Grid, member states have yet to establish a common implementation mechanism that defines how electricity interconnections should operate across national borders.
Copenhagen Infrastructure Partners (CIP) has secured investment from the Scottish National Investment Bank and the Nuclear Liabilities Fund for the 500 MW Devilla battery energy storage project in Fife, highlighting the growing role of large scale storage in maintaining grid reliability as fossil fuel generation declines.
California’s growing electricity demand and renewable integration challenges are increasing the importance of hybrid solar and battery storage projects capable of delivering both clean energy and grid flexibility. The BigBeau Solar+Storage Project in Kern County is the latest example of this shift, with EDF power solutions North America and Abu Dhabi Future Energy Company, Masdar, securing 15 year power purchase agreements covering output from the 128 MWac solar facility and its 40 MW/160 MWh battery energy storage system.
The world is on track to invest $3.4 trillion in energy in 2026, yet the most significant shift is not the scale of spending but where the money is flowing. Electricity infrastructure, renewables, nuclear power, storage, and efficiency are attracting nearly twice as much investment as fossil fuels, reflecting how a second major energy crisis within five years is reshaping global perceptions of energy security.
