Behind the numbers: BNEF finds 40% year-on-year drop in BESS costs
BNEF analyst Isshu Kikuma discusses trends and market dynamics impacting the cost of energy storage in 2024 with ESN Premium.
UK reaches 6GW/8GWh of operational BESS; nearly 20GWh under construction
Although last year saw a dip in installations and projects submitted for planning, the BESS market in the UK continues to steam ahead with over 8GWh online and nearly 20GWh being built.
Developers Fidra and Innova secure planning consent for two UK BESS, totalling over 5GWh
Developers Fidra Energy and Innova have secured planning consent for two large-scale BESS projects in the UK, which together total 2,425MW/5,150MWh of energy storage capacity.
BNEF: Bigger cell sizes, 5MWh containers among major BESS cost reduction drivers
A growing industry trend towards larger battery cell sizes and higher energy density containers is contributing significantly to falling battery energy storage system (BESS) costs.
Eneco to take Netherlands’ largest BESS into operation in 2025
Utility Eneco will optimise a BESS project in the Netherlands that, at 31.6MW/126.4MWh, will be the country’s largest when it comes online before the end of the year.
Neoen starts building 90MWh German BESS
France-headquartered IPP Neoen has started construction work on a 45MW/90MWh BESS project in Saxony-Anhalt, Germany, set to come online in 2026.
Year in Review with European IPPs Econergy and Ingrid Capacity: ‘Innovative financing is coming’
In this installment of our Year in Review series, we hear from developer and independent power producers (IPPs) Econergy and Ingrid Capacity, both active in the European market.
‘Rolling the dice’: UK BESS developers brace themselves for grid connections reform
The UK is in the middle of a massive overhaul of its queue system for connecting projects to the grid, and BESS is one of the most oversubscribed technologies, leading to a “nervousness” for a lot of projects, law firm Freeths said.
Greece postpones third battery storage auction
The energy regulator in Greece has cancelled the country’s third large-scale energy storage procurement auction due to confusion over limits on how much power capacity could be bid in per participant, with a view to relaunching the scheme.
EU Roundup: ‘Sand Battery’ for electricity storage, 44MWh France BESS online, Spain funds 3.4GWh of projects
A roundup of energy storage news from across the EU, involving Polar Night Energy’s ‘Sand Battery’ in Finland, GazelEnergie and Q Energy in France, and Spain’s MITECO awarding financial support to 45 projects.
