Long-duration energy storage (LDES) technologies are becoming increasingly viable options to add flexibility to the European electricity network, according to a new report.

We chat to Stephan Lehrke, head of Germany at Second Foundation, a Czech Republic-headquartered energy asset trading firm which is becoming an owner-operator of BESS.

Octopus Energy Generation has partnered with ZE Energy to invest in and build one of Italy’s biggest BESS projects, while Eco Stor has secured financing for one of Germany’s, which it is already building. Optimiser Entrix has also won two large contracts in Germany and the Netherlands.

Energy-Storage.news presents this sponsored webinar with Clean Horizon, on how Germany’s grid connection agreements can affect the business case for battery storage projects.

What is driving and shaping European BESS project financing and M&A this year?

A ‘staged approach’ to implementing the EU Battery Passport could be essential if Europe is to improve its battery supply chain.

IPP Greenvolt has put a 99.8MW/288.6MWh BESS into commercial operation in Hungary, the largest in the country, while pipelines and projects have been progressed in Italy, France, Netherlands, Belgium and Spain.

‘We are walking with open eyes into new dependencies,’ said ReCharge’s Ilka von Dalwigk at the Energy Storage Summit.

There is a big gap in the industry’s understanding of the Spanish energy storage market, but that gap also creates opportunities for smart operators, writes Ignacio López Martín, chair of developer Capflex Energía.

The inertia market could be a significant contributor to the German energy mix, despite the challenges that remain.