The Ministry of the Environment in Poland has shortlisted projects for an energy storage capex support programme totalling 4.15 billion PLN (c.€1 billion), with 183 eligible to progress to the next round.
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.