A trio of large-scale BESS announcements by major power firms of 700-800MWh capacity each in Germany show the country’s energy storage market moving into the new era of scale.
The recent introduction of 15-minute settlement periods across European power markets could result in significantly higher profits for battery storage asset operators.
NHOA Energy has secured contracts from Engie for an 80MW/320MWh BESS at Engie’s Drogenbos power station, near Brussels, Belgium.
Cell manufacturing overcapacity and intense competition contributed to an 8% decline in the average cost of lithium-ion battery packs, according to BloombergNEF.
The UK’s National Energy System Operator (NESO) will offer grid connection offers up to 2035 to 283GW of projects following a reform of the process.
European energy independence is achievable if long-duration energy storage is factored into the mix, writes Oonagh O’Grady of Hydrostor.
Project to integrate electric vehicle fast-chargers into ancillary services markets could be widely replicated, according to ADS-TEC Energy.
We caught up with developer and IPP Greenvolt Power’s head of storage Antonio Montoto Rojo about the recent MACSE auction in Italy, where it won a contract for a 75MW BESS.
European BESS news from project owners Premier Energy Group, Verbund, Eco Stor, Ingrid Capacity, Ric Energy, Ganfeng Lithium, EP Group, RWE and Giga Storage, securing acquisitions, financings and route-to-market (RTM) deals for multiple gigawatts of capacity this past week.
The utility-scale battery storage market in Italy is drawing huge interest and development activity, writes Solar Media Market Research analyst Josh Cornes.
