Recent reports on the energy storage auction in Greece shows that “players are willing to take risks” to get into the market, an analyst from research firm Clean Horizon told Energy-Storage.news.

The Italian grid-scale energy storage market is set to become one of the most active in Europe in the next few years having been close to non-existent until now.

The Regulatory Authority for Energy (RAE) in Greece has launched an auction for grants towards 400MW of energy storage, with three weeks to submit project proposals.

In a big week for the grid-scale energy storage market in Italy, regulators have approved new grid storage-specific auction rules and a chunk of Aura Power’s 500MW-plus pipeline of BESS projects.

Australia’s Federal Budget included AU$4 billion new investment in energy, confirmation of tenders for renewables and energy storage.

European policy makers need to strengthen the role of flexibility technologies, write Fluence’s Julian Jansen and Lars Stephan.

Second Renewable Energy Target auction held in Victoria, Australia, won by six solar PV projects, four of which include battery storage.

Chile has published details of its latest power auction set to take place later this year that will contract 5,250GWh per annum for 15 years.

Prequalification results for the UK’s T-4 and T-1 Capacity Market auctions have been released, with battery storage rising significantly in both.

The success in a recent capacity market auction of large-scale battery energy storage system (BESS) projects in Belgium is a sign of the European country’s energy storage market maturing, Energy-Storage.news has heard.