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’.
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.
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.
Italy and Spain are set to soar as energy storage markets with multiple gigawatt-hours under construction and much more in the pipeline, but there are questions around the regulatory frameworks driving deployments in each country.