How should developers and investors think about long-term BESS revenues in light of eventual market saturation?

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.

NHOA Energy has secured contracts from Engie for an 80MW/320MWh BESS at Engie’s Drogenbos power station, near Brussels, Belgium.