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.
The massive buildout of battery storage in the ERCOT, Texas market and the risk of market saturation was a huge talking point at Energy Storage Summit USA last month.
Soltech Energy Solutions is installing a 12MW/12MWh battery storage unit in Sweden for municipal energy firm Nybro Energi, set to come online before the end of the year.
The UAE should deploy 300MW/300MWh of battery energy storage system (BESS) capacity in the next three years, according to one of its main utilities EWEC.
France-based independent power producer (IPP) Qair Energy will deploy 60MWac of solar-plus-storage projects on the island nation of Mauritius after it won a state tender.
