Recognition of the role energy storage must play in Europe’s energy transition has been long overdue. Now that it has arrived, the hard work begins, write Julian Jansen and Lars Stephan of system integrator Fluence.
Developer LC energy has won an irrevocable permit for a 500MW/2,000MWh battery energy storage system (BESS) in the Netherlands, one of the largest in the country to do so.
Augmentation and end-of-life disposal look set to grow in significance in the next few years in the US, with nearly 1.5GW/3GWh of BESS projects now four years old or more.
We hear from battery energy storage system (BESS) investor BW ESS about its recent seven year tolling deal in the UK, the longest seen yet in the market.
Delays in product development, high commodity prices and investors pulling out were behind some of the most recent bankruptcies in the ESS battery technology space, which include Nilar, AMTE and Ambri.
While contractual parties are rarely ironing out end-of-life provisions for BESS, those that do are keeping their options open with the future value of degraded batteries far from clear, a UK-based lawyer said.
Hybrid power plants are the future of the energy market, but smart hardware needs to be supported with smart optimisation, write Isabella Caschetto and Dominic Multerer of CAMOPO.
We hear from Gresham House and optimisers Capalo AI and Flower on the BESS industry’s move away from merchant-only models towards more contracted revenues.
