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Portuguese 700MW solar auction includes price-capped energy storage option

Portuguese 700MW solar auction includes price-capped energy storage option

31 Mar 2020, 07:27

An auction for 700MW of grid energy capacity in Portugal is being configured to allow bids from solar and also solar-plus-storage projects to participate on a competitive basis, with guaranteed payments for energy storage co-located projects to use a capping mechanism in the event of 'price spikes'.

Energy storage in Europe: Big things expected despite 2019 slowdown

Energy storage in Europe: Big things expected despite 2019 slowdown

24 Mar 2020, 05:58

With many climate protection advocates as well as the industry itself calling on Europe’s lawmakers to recognise the importance of energy storage, a “significant slowdown” in 2019 is expected to be countered with a more positive outlook going forwards.