The auction was the first of its kind in Portugal that invited companies to lodge bids with a storage component included, with eight of the 12 batches awarded to solar-plus-storage projects.
The market for grid-connected energy storage will defy the “headwinds” caused by the coronavirus pandemic on industries across the world, analysis firm IHS Markit has predicted.
This article looks at the current status of each of these end-markets and where there are similarities and differences in how the markets have developed, along with future opportunities.
France, Italy, Spain and Belgium are among the regions of most interest for energy storage stakeholders in Europe, analysis firm Clean Horizon has told Energy-Storage.news.
The UK government has confirmed changes to the Capacity Market which are designed to remove barriers for demand side response (DSR) and energy storage, making it easier for clean technologies to compete in auctions.
California, the world’s fifth largest economy and a global innovation engine, is confronting ambitious clean energy and GHG reduction goals. California must achieve 60% renewable energy and 5 million electric vehicles on the road by 2030, and a fully decarbonised power sector by 2045.
An ‘experiment’ in France where grid-scale energy storage will be deployed to assess how batteries can ease congestion on transmission operator RTE’s network is paving the way for further opportunities in the coming decade, Energy-Storage.news has heard.
Kruger Energy said that along with smart software and technology solutions company Peak Power, it has deployed three commercial and industrial (C&I) energy storage projects into a behind-the-meter virtual power plant (VPP).
Results announced last week in a Capacity Market (CM) auction in France which had low-emissions requirements, saw 253MW of energy storage awarded 7-year contracts.
Federal energy regulator accused of ‘overreach’ after maintaining provision that forces storage projects to offer minimum prices when competing at state’s capacity market.
