Virtual power plants (VPPs) are networks of small-scale, distributed energy resources, such as solar panels or batteries (and in some instances vehicles) which can together function as a single power plant, providing stability to the electric grid.
Battery storage played a crucial role in the Baltic region’s switch from Russia over to the Continental European grid over the weekend, coinciding with Lithuania launching a €100 million storage support scheme.
The energy storage market in Italy has unique characteristics that mean more risk-averse investment funds will be able to enter, but upcoming auctions could be very competitive, driving down clearing prices, a director at consultancy Timera Energy said.
Renewable energy developers and IPPs discussed the growing attractiveness of co-locating storage and solar at Solar Finance & Investment Europe (SFIE) 2025 this week.
The start of 2025 has seen new and updated BESS revenue indexes launched for Germany as well as other other European markets, by optimiser enspired and consultancies Clean Horizon, Aurora Energy Research and LCP Delta.
Power purchase agreements (PPAs) have increasingly shown their limitations, and energy storage and flexibility resources can offer a solution, writes John Diklev, founder and CEO of Sweden-based optimiser and flexibility asset operator Flower.
