BESS investments in the French market are moving to longer durations with saturation expected to hit the secondary reserve market, currently the main way operational projects make their money.
A consortium of lenders, including state-owned bank Oschadbank, has agreed to Ukraine’s biggest financing for battery energy storage system (BESS) projects to date.
The energy regulator in France has ordered a reopening of a postponed auction for secondary reserve/aFRR services, citing an increase in the number of BESS certified to provide it.
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.
