Germany is regularly described as Europe’s hottest market for energy storage, but its current regulatory framework is holding it back and changes down the line are also a concern.
Utility and power generation firm RWE will trade 50MW/100MWh of BESS capacity in Germany from the virtual aggregation platform of startup Terralayr under a five-year agreement.
ESN Premium speaks with Dr. Yinghuang Ji, head of structuring at MN8 Energy, on current challenges and opportunities for growth in the energy storage market.
Regulators in Germany are considering two big reforms that could improve the business case for BESS, while developer-operator Green Flexibility has announced its first major project.
ESN Premium speaks with King Look, director of research and development at New York utility Con Edison, about implementing long-duration energy storage (LDES) in New York City.
Power generation and trading company Vattenfall has signed a seven-year, 55MW multi-project BESS tolling deal in Germany with owner-operator and virtual aggregator Terralayr.