UK electricity market operator National Grid ESO is reassessing how much energy storage gets paid in the Capacity Market, battery storage operators told Energy-Storage.news, with one calling the current system ‘outdated’.
Infrastructure investor InfraVia has bought a majority stake in Giga Storage, a Netherlands-headquartered BESS developer which is building a 2.4GWh project in Belgium.
While Norway once aimed to be the ‘battery of Europe’ it has since been overtaken other Nordic countries Sweden and Finland for BESS deployments. Research firm LCP Delta’s Jon Ferris explores the region’s energy storage market dynamics in this long-form article.
Paper product company Arctic Paper has tied up with developer S.E.R to deploy BESS projects for ancillary services totalling 24MW at two of its factories in Sweden, with plans to do something similar in Poland.
Much more needs to be done to ensure that European countries create the right investment environment for flexibility resources in the electricity system, writes Eaton’s Siobahn Meikle.
New rules which will reduce grid fees in the Netherlands by providing ‘non-firm agreement’ (NFA) connections as well as time-weighted rates could improve returns and double projected BESS deployments, an analyst has said, though a project owner was less openly optimistic about it.
