While Germany is often described as the ‘hottest’ energy storage market in Europe, growing uncertainty on multiple policy and regulatory topics has led to a ‘cooling’ of investor interest.
Solar-plus-storage projects are proliferating across the globe and necessitate a choice between DC and AC coupling. In this piece we look at the differences and pros and cons of each.
Queensland’s Swanbank battery energy storage system (BESS) earned AU$743,000 (US$532,608) in dispatch revenue last month, more than double the AU$306,000 generated by the Victorian Big Battery over the same period in Australia.
Large-scale BESS projects have been progressed in Italy, Romania, Germany, Poland, Denmark and elsewhere in Europe, totalling around 1GW under construction, 1GWh soon to be, and another 1GWh at earlier stages.
Leading European BESS owner-operators discuss the roles of subsidy schemes, contract revenues and merchant approaches in helping the continent build out its BESS pipeline.
Energy trading firm Second Foundation is building three grid-scale BESS projects in the Czech Republic totalling 307MW this year, with the technology provided by local firm Gaz Energy.