The Inflation Reduction Act could “suck the oxygen out” of the Latin American (LatAm) energy storage market, the CEO of pan-American energy storage firm On.Energy said.
Wärtsilä has signed a repeat order with EDF Renewables UK to deliver a 57MW/114MWh grid-scale energy storage system in Bramford, a village in the east of England.
Firm Frequency Response (FFR) auction prices in the UK have hit their lowest level since 2019 as market saturation begins to take effect, market analytics platform Modo Energy said.
Netherlands-based Alfen is deploying a two-hour-plus battery energy storage system (BESS) for Centrica Business Solutions in Belgium, the latter’s first outside the UK.