We caught up with a partner at insurance broker Lockton about recent developments in the space, including the ramifications – or lack thereof – of the recent Moss Landing fire on insuring BESS projects going forward.
Renewco Power and Atlantica Sustainable Infrastructure will develop and build a pipeline of BESS projects in Spain.
Sweden-headquartered BESS developer-operator Ingrid Capacity will build a 70MW/140MWh project in Finland, which it claimed will be the largest in the country.
The UK now has nearly 9GWh of grid-scale BESS online, with more than double that figure under construction.
BESS technology has won the bulk of new resource contracts in the capacity market (CM) auction for delivery in 2027 in Italy.
The European Union (EU) has launched the Clean Industrial Deal and Affordable Energy Action Plan, which dedicate at least €100 billion towards boosting industry, manufacturing and speeding up the rollout of renewables and energy storage.
Germany and the UK are currently Europe’s ‘hottest’ markets for battery storage, but others present exciting opportunities, too.
A trio of European BESS announcements, with Merus Power securing an order in Finland and IPPs Metlen and Aquila Clean Energy EMEA winning government financial support for projects in Italy and Portugal respectively.
“To toll or not to toll seems to be the question. Rather the question you should be asking is with whom and how much,” a panellist at the Energy Storage Summit EU in London said today (19 February).
Our coverage of the Energy Storage Summit EU 2025, Europe’s biggest industry conference, continues with Day 2.
