Europe: Rising battery storage markets playing catch-up to the UK’s lead
Germany and Spain are among the energy storage markets of Europe that clients are most keen to learn more about, according to Wood Mackenzie analyst Anna Darmani.
‘Battery developers were biggest winners’ in UK’s T-1 Capacity Market auction last week
Last week’s T-1 Capacity Market auction in the UK cleared at a slightly higher price than expected, and battery storage developers that successfully took part were the auction’s “big winners,” according to one analyst.
Rimac Energy on entering ESS market with SineStack: ‘the Rimac of performance, but not of price’
Rimac Energy is deploying its first pilot projects after announcing its entry into the energy storage system (ESS) market one year ago, and we caught up with its head of business development while at the Energy Storage Summit EU in London.
Sungrow’s Europe ESS director on deployments, pricing and technology: ‘pricing becoming more important’
We caught up with James Li, European energy storage director of inverter and BESS provider Sungrow, at the Energy Storage Summit EU 2024.
‘UK project size sweet spot somewhere between 200-500MW’
The implications of larger projects, revenue streams of projects, and grid connection issues were discussed on a panel at the ESS EU event in London.
Trina Storage launches new BESS solution at Energy Storage Summit EU
Trina Storage, the energy storage arm of major solar PV company Trina Solar, launched its new battery storage solution Elementa 2, to the global market at this year’s Energy Storage Summit EU.
Up to £35 billion private investment needed per year in the energy system, says Nick Winser
In his opening keynote at the Energy Storage Summit 2024, Nick Winser referenced the need to scale private investment in infrastructure.
UK BESS owners ready to ride out low revenue period, handle increasing complexity of market
Battery storage systems are “perhaps the most complex energy asset to optimise” from a market perspective, but the UK industry is handling those challenges.
BESS wins highest percentage among clean energy technologies in UK Capacity Market auction
Battery energy storage systems (BESS) were awarded 655.16MW in the UK’s T-1 Capacity Market Auction for delivery year 2024/25, which cleared yesterday (20 February) after eight rounds at £35.79 (US$45.17)/kW/year.
UK: Renewable co-location business models still not proven
The panel – Where are the Commercial Opportunities for Co-Location? – was almost full to capacity on the afternoon of the first day of the Summit.
