The government of Poland looks set to run further capacity market (CM) auctions with the specific aim of enabling gas plants to win, after BESS wiped the floor with the technology at the last auction.
A growing industry trend towards larger battery cell sizes and higher energy density containers is contributing significantly to falling battery energy storage system (BESS) costs.
The cancellation of the 5GW/120GWh Pioneer-Burdekin Pumped Hydro Project in Queensland, Australia, has seen power price forecasts jump by over 60% for 2035.
We round up the last two months of BESS action in the GB (Great Britain) market, including project approvals, construction and applications, taken from the pages of our sister site Solar Power Portal.
We caught up with executives from BESS operator and aggregation platform Terralayr, after it raised €77 million (US$80 million) for its activities in Germany.
Grid constraints have prevented Chile from maximising the potential of its world-class solar resources. Energy storage has, therefore, become a necessity to ensure the financial viability of PV projects.