Much more needs to be done to ensure that European countries create the right investment environment for flexibility resources in the electricity system, writes Eaton’s Siobahn Meikle.
In a big week for the grid-scale energy storage market in Italy, regulators have approved new grid storage-specific auction rules and a chunk of Aura Power’s 500MW-plus pipeline of BESS projects.
Some 1.9GW of grid-scale battery energy storage was deployed across Europe last year, of which nearly 85% was in UK, Ireland, Germany and France according to research and consultancy LCP Delta.
Industry should make “concrete proposals” for electricity market reforms, or risk policy and regulation continuing to fall short in valuing the role of energy storage.
Energy-Storage.news was delighted to host a sponsored webinar with consultancy Clean Horizon on the Israeli context for renewables and storage as the country undergoes an ‘electricity revolution’ – and you can watch the whole thing on our YouTube channel.
The UK government Department for Business, Energy and Industrial Strategy (BEIS) has incurred the wrath of battery storage asset owners by proposing significant changes to how their generation classes are derated within the Capacity Market (CM).
