BESS investments in the French market are moving to longer durations with saturation expected to hit the secondary reserve market, currently the main way operational projects make their money.
Two major schemes will drive Southeast Asian country’s deployments but require close examination, writes Flora Zhang, market analyst at Malaysia Energy Storage Association (MESA).
In the wide-ranging conversation, Shaw starts off by describing the year-end rush as a perennial challenge for the battery energy storage system (BESS) sector in the US.
Four-hour battery storage is less expensive than open-cycle gas turbines in the 43 markets in which both technologies were modelled, according to a new report from market research firm Wood Mackenzie.