We hear from Christina Hepp, strategy director at battery energy storage system (BESS) owner-operator Green Flexibility, on the big successes and challenges in the German market today.
The European Commission has approved a €9 billion (US$10.5 billion) scheme to shore up its energy capacity, which will be open to new and existing projects including energy storage.
That’s according to Benedikt Deuchert, head of business development and regulatory affairs for German battery energy storage system (BESS) developer and EPC firm Kyon Energy.
Managers of the UK’s largest BESS owner-operator Gresham House Energy Storage Fund (GRID) discussed recent investment news and future strategy this week.
The German network regulator’s decision to maintain grid fee exemptions for battery storage “ensures that billions in private investment remain directed” into the market, Energy-Storage.news has heard.
South Australia’s first Firm Energy Reliability Mechanism (FERM) tender has awarded agreements to six battery energy storage projects totalling 1,334MW and 5,336MWh.
The California Energy Commission (CEC) has approved a 400MW/3,200MWh grid-scale battery storage project through the state planning agency’s Opt-In Certification Program.