Energy storage could garner a market share of one-third by 2025 for the new, pan-European automatic frequency restoration reserve (aFRR) market, which is set to launch in the middle of this year with France and Germany mutualising capacity first.
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.
Energy-Storage.news was delighted to host this webinar with consultancy Clean Horizon, where we look at the new ancillary service opportunity that could bring a much-needed revenue stream anchor to the European energy storage market.
Aimed at ensuring reliability of electricity supply in the era of renewable energy, India’s Central Electricity Regulatory Commission has drafted ancillary services market regulations allowing for energy storage and demand response resources to participate.
The award of contracts to battery storage developers in a recent auction by Italy’s transmission system operator proves the technology’s competitiveness in providing grid services once again, an analyst has said.
Capacity payments that solar-plus-storage developers could earn from winning in Portugal’s big 700MW solar tender are an interesting first step, but will likely only be a supplementary income to add to what could be earned from ancillary services.
In the past few months Spain has announced a 2.5GW energy storage target by 2030 and Portugal is hosting a solar tender with a significant add-on option for storage. Clean Horizon’s experts Corentin Baschet and Tanguy Poirot spoke with Andy Colthorpe on the role batteries and other storage can play in the Iberian Peninsula’s energy transition in the present and future.