A trio of large-scale BESS announcements by major power firms of 700-800MWh capacity each in Germany show the country’s energy storage market moving into the new era of scale.
The recent introduction of 15-minute settlement periods across European power markets could result in significantly higher profits for battery storage asset operators.
Cell manufacturing overcapacity and intense competition contributed to an 8% decline in the average cost of lithium-ion battery packs, according to BloombergNEF.
A trio of Germany grid-scale BESS news items, with Next Kraftwerke and ju:niz Energy agreeing a seven year toll, Alpiq announcing a 370MW pipeline, and WBS Power selling the country’s largest solar-plus-storage project and planning a data centre on the same site.
We caught up with developer and IPP Greenvolt Power’s head of storage Antonio Montoto Rojo about the recent MACSE auction in Italy, where it won a contract for a 75MW BESS.
European BESS news from project owners Premier Energy Group, Verbund, Eco Stor, Ingrid Capacity, Ric Energy, Ganfeng Lithium, EP Group, RWE and Giga Storage, securing acquisitions, financings and route-to-market (RTM) deals for multiple gigawatts of capacity this past week.