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.
Project to integrate electric vehicle fast-chargers into ancillary services markets could be widely replicated, according to ADS-TEC Energy.
A trio of Germany grid-scale BESS news items, with Next Kraftwerke and ju:niz Energy agreeing a seven year toll, Alpiq announcing a 370MW pipeline, and WBS Power selling the country’s largest solar-plus-storage project and planning a data centre on the same site.
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.
Technology provider Polar Night Energy and utility Lahti Energia have partnered for a large-scale project using Polar’s ‘Sand Battery’ technology for the latter’s district heating network in Vääksy, Finland.
There is a “healthy pipeline of projects in development” across Europe’s energy storage sector, but the technologies are as yet “significantly underutilised” below their potential.
A week of claimed first-of-their-kind advances in Germany’s BESS market, including the combination of monitoring, diagnostics and energy trading on one platform, an optimisation deal allowing multiple companies to trade one asset, and a law change accelerating permitting.
In a major week for European BESS deal-making, project acquisition and financing deals have been done in the Poland, Germany, Finland, the UK and Romania for grid-scale projects totalling well over 1GW of capacity.
Europe is on track to reach 100GW of cumulative energy storage deployments this month, according to LCP Delta and Energy Storage Europe.
