The low level of the MACSE tariffs in Italy took everyone by surprise and will require careful asset management, but their relative value and those of the capacity market (CM) should increase over time. 

We gather the industry reaction to the MACSE auction in Italy, which saw TSO Terna procure 10GWh of long-term capacity at what most agreed are extremely low prices.

The TSO of Italy has completed its first MACSE auctions for energy storage, procuring 10GWh of capacity at what the NHOA CEO called ‘exceptionally competitive prices’.

Italian multinational energy company Eni intends to become a player in battery cell manufacturing for stationary energy storage systems.

IPP EP Produzione has ordered 220MWh of BESS from inverter and energy storage firm Sungrow in Italy, with a storage-focused capacity auction scheme just 11 days away.

Major BESS route-to-market (RTM) deals have been announced in Poland, by Greenvolt and Entrix, and in Italy, by Zelestra and BKW.

IPP Neoen has enlisted BESS supplier NHOA Energy for its first energy storage project in Italy.

Utility and power firm Engie has acquired two BESS projects from Recurrent Energy in Italy, totalling 200MW of capacity.

Private equity firm KKR’s investment vehicle ContourGlobal has acquired BESS projects in Italy totalling 1.6GW of power and up to 9.5GWh of capacity, with an eye on the MACSE auctions in September.

Daiwa Energy & Infrastructure has bought a minority stake in large-scale BESS projects from independent power producer (IPP) Enfinity Global.