In this second part of our interview with Wood Mackenzie energy storage analysts, we look at risk factors and mitigation across the European and US markets.
Allianz GI, Luxcara and Return have acquired BESS projects and portfolios in Germany, Finland and Spain; Low Carbon, OX2, Cero Generation and Revera have taken FIDs on projects in Poland, Finland and the UK; and NHOA Energy has received a 600MWh order in Italy. All in all, the projects total at least 3.7GWh of capacity.
We caught up with the CEO of owner-operator BW ESS, Erik Strømsø, about the firm’s next deployment plans, tolling trends, procurement and LDES, with its 11.5-hour Bannaby BESS in Australia further proof of lithium-ion’s long-duration potential.
Germany’s energy storage market growth will be hampered by a regulatory decision to potentially charge utility-scale project operators fees for use of the grid, Energy-Storage.news has heard.
Panellists discussed M&A in large-scale BESS on the ‘M&A Market: How Attractive Is BESS Right Now?’ panel discussion at the Energy Storage Summit 2026.