The Department of Mineral Resources and Energy (DMRE) of South Africa has opened the third bid window for its Battery Energy Storage IPP Procurement Programme (BESIPPPP), while also revealing the fifth and final winner from the first window.
BESS price falls have pushed many marginal projects in merchant markets into a rate of return needed for investment, US developer Available Power told Energy-Storage.news amidst the sale process for its own 100MW/200MWh ERCOT project.
Software for modelling technical and economic performance, seismic activity certification for flow batteries and underwriting for BESS projects, in this edition of news in brief from around the world in energy storage.
Energy security concerns are very real, but jumping into a ‘dash for gas’ would be a mistake, and LNG is not the answer, writes Eric Dresselhuys, CEO of ESS Inc.
The issue of ensuring reliability of BESS resources in the Texas electricity market has not gone away for grid operator ERCOT, despite the state regulator’s recent quashing of proposed minimum state-of-charge (SOC) rules.