While Germany is often described as the ‘hottest’ energy storage market in Europe, growing uncertainty on multiple policy and regulatory topics has led to a ‘cooling’ of investor interest.
Multinational power firm Engie has acquired two large-scale BESS projects in Spain, paired with synchronous condensers and has launched construction on a BESS in France.
A second-round auction in the UK for grid stability services, including inertia, concluded without any wins for grid-forming battery energy storage system (BESS) projects.
Large-scale renewable energy power plant developers in the Philippines have been instructed to integrate energy storage into their proposed facilities.
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.
Germany’s four transmission system operators (TSOs) have begun procuring inertia services to help stabilise the electric grid as shares of renewable energy grow.