The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

auction

February 29, 2024
The UK electricity system operator’s T-4 Capacity Market Auction (CMA) for delivery year 2027/28 cleared earlier this week (27 February) after two rounds at an “all-time high” clearing price of £65 (US$82.23)/kW/year.
February 27, 2024
Last week’s T-1 Capacity Market auction in the UK cleared at a slightly higher price than expected, and battery storage developers that successfully took part were the auction’s “big winners,” according to one analyst.
February 26, 2024
Results of the 18th Forward Capacity Auction (FCA) held by ISO New England have been filed, with energy storage’s participation having soared in recent years.
February 15, 2024
The successful participants in the second round of Greece’s auction for financial support of large-scale BESS have been revealed.
January 31, 2024
The energy regulator in France has ordered a reopening of a postponed auction for secondary reserve/aFRR services, citing an increase in the number of BESS certified to provide it.
January 18, 2024
Panama has launched a 500MW tender auction for renewables and energy storage, the first in Central America to include storage.
January 15, 2024
Energy storage projects will be eligible to take part in competitive capacity auctions for low-carbon power set to be launched this month by the Japanese government.  
May 3, 2023
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.
March 1, 2019
Secretary of state João Galamba tells Energy-Storage.news of plans to boost dispatchable renewables as government works to drive a PV surge within a decade.
April 16, 2018
UPDATE: Major Indian solar EPC firm Mahindra Susten has put in the lowest bid for a solar and energy storage auction in the Andaman and Nicobar Islands for the second time, having seen its victory in the original auction torn away by authorities as they reportedly explored other sources of power generation.

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