The European Commission has approved a €9 billion (US$10.5 billion) scheme to shore up its energy capacity, which will be open to new and existing projects including energy storage.
While Germany is often described as the ‘hottest’ energy storage market in Europe, growing uncertainty on multiple policy and regulatory topics has led to a ‘cooling’ of investor interest.
What is the future for the grid-scale energy storage market in Italy, now that the dust has settled from the country’s long-awaited MACSE auction for BESS?
The grid-scale energy storage market in Italy holds much promise with very ambitious deployment targets for 2030, but it may be difficult for the industry to deliver on those targets.
Some 2.5GW of BESS projects in the UK have won contracts across the T-1 and T-4 capacity markets (CM), announced in a week which also saw project financings worth a combined c.£1 billion, including from Zenobē, Constantine and Quinbrook.
