Three European Transmission System Operators (TSO) have collaborated to launch a new, blockchain-based flexibility platform, Equigy.
Gone are Europe's weekly FCR auctions, replaced by daily auctions in a move designed to create greater flexibility and improve international co-operation in these markets in Europe, writes Jean-Paul Harreman of EnAppSys.
The new NEC system installed east of Zürich will be used largely for frequency stabilisation.
Swiss vertically-integrated battery and energy storage system and equipment maker Leclanché has followed sonnen in netting a significant amount of investment to go into the second half of 2018, securing CHF75 million (US$76 million) from its main existing investor.
Swiss utility and power distribution company EKZ (Elektrizitätswerke des Kantons Zürich) is building a grid-balancing and renewables integrating 18MW / 7.5MWh energy storage system and has appointed NEC Energy Solutions to execute the project.
A Swiss fund aimed at encouraging institutional investors to get on board with energy storage has reached its first closing at €66 million (US$70.4 million).
A research project aimed at validating technologies for the “industrial scale” storage and dispatch of solar generated electricity in Switzerland has received CHF2 million (US$2.17 million) in funding from a local government agency.