Mining giant Glencore, Spain-based utility Iberdrola and commercial waste management firm FCC are partnering to develop lithium-ion battery circularity solutions, including recycling and second life.
Spanish utility Iberdrola has inaugurated its ‘TĂ¢mega Gigabattery’ in northern Portugal, a renewable energy complex including pumped hydro with an energy storage capacity of 40GWh.
Endesa GeneraciĂ³n Portugal, part of Enel, has been award the connection rights to develop a renewable energy project combining solar, wind, green hydrogen and a 168.6MW battery energy storage system (BESS) to replace the country’s last coal station.
Iberdrola expects its 880MW pumped hydro plant at the TĂ¢mega energy storage complex in northern Portugal to become fully operational in the middle of this year.Â
The Portuguese island of Madeira will be able to radically reduce its fossil fuel consumption while keeping electricity supply stable and reliable, thanks to battery energy storage system (BESS) technology.Â
A cross-border platform is being created in Europe for the provision of secondary reserve to maintain the grid’s operating frequency, which will be open to energy storage in the coming years. Tanguy Poirot, analyst, and Corentin Baschet, head of market analysis at energy storage specialist consultancy Clean Horizon take a deep dive.
There exists a strong potential for energy storage to provide ancillary services in the Iberian Peninsula’s booming renewables market, but regulatory stability should be provided to encourage the sector’s growth, a panel has suggested.