The low level of the MACSE tariffs in Italy took everyone by surprise and will require careful asset management, but their relative value and those of the capacity market (CM) should increase over time.
Spanish utility Iberdrola and power conversion specialist firm Ingeteam have partnered to hybridise Spanish operational PV plants with battery energy storage systems (BESS).
Long-term BESS offtake and PPA deals are clearly on the rise in Europe, but how are they evolving vi-a-vis structures, tenors and regional differences?
We caught up with the CEO of BESS optimiser Enspired to discuss what the emergence of tolls means for companies like his, and what role optimisers can play in the area of performance warranties.
Spanish energy firm Zelestra and Portuguese utility EDP have signed what they call the “first” solar-plus-storage power purchase agreement (PPA) in the Spanish renewables market.
UK BESS owner Gresham House Energy Storage Fund (GRID) has entered into long-term floor agreements with Statkraft and Markel Bermuda, which will partially replace its toll with Octopus once that expires next year.
Private equity firm KKR’s investment vehicle ContourGlobal has acquired BESS projects in Italy totalling 1.6GW of power and up to 9.5GWh of capacity, with an eye on the MACSE auctions in September.
