Capacity market (CM) auctions have concluded in Italy and Belgium and battery energy storage system (BESS) projects won the lion’s share of new contracts.
Minister of the Environment and Energy Security Gilberto Pichetto has signed a decree allowing Italy to proceed with its energy storage capacity market auction, known as MACSE, in the first half of 2025.
The European Union’s transition to a renewable-energy-powered electricity grid will fail unless it does more to support and promote energy storage, according to the Energy Storage Coalition.
While everyone agrees the capacity market (CM) is the foundation of the business case for BESS in Poland, that might not always be the case, one developer suggested.
BESS developer and operator Dais Energy will reach ready-to-build (RTB) status on 190MW of a 250MW Denmark project portfolio in the coming months, CEO Daniel Connor told Energy-Storage.news.
The European Commission has approved a €1.2 billion (US$1.32 billion) state aid package for Poland to support the deployment of electricity storage facilities.
Econergy will soon start construction on a 50MW BESS project in Poland, the first of that scale to reach this stage in the market, the Israel-based IPP claimed.