UK electricity market operator National Grid ESO is reassessing how much energy storage gets paid in the Capacity Market, battery storage operators told Energy-Storage.news, with one calling the current system ‘outdated’.
Over a gigawatt of bids from battery storage project developers have been successful in the first-ever competitive auctions for low-carbon energy capacity held in Japan.
IPP Neoen has launched construction on the the second phase of its Collie BESS project in Western Australia, following a capacity services contract award.
Battery storage developer Eku Energy has partnered with utility Tokyo Gas on a grid-scale energy storage project in Japan, with construction expected to start soon.
Developer Columbus Energy and Ukraine-based energy investor DTEK have agreed terms for a 133MW/532MWh BESS project in Poland, one of several to have won long-term capacity market contracts in the last 18 months.
The “momentum behind energy storage,” leading to its wider adoption across the grid in Europe is becoming increasingly undeniable, Energy-Storage.news Premium has heard.
Utility and IPP Enel has sold a 49% stake in its subsidiary that will own and operate 1.7GW of battery energy storage system (BESS) projects in Italy, to investor Sosteneo.
