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.
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.
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.
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.
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.
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.
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.
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.
