In this second part of our interview with Wood Mackenzie energy storage analysts, we look at risk factors and mitigation across the European and US markets.
We heard from Danske Commodities’ principal originator Rimshah Javed at the Energy Storage Summit 2026, to discuss trends in BESS offtake, optimisation, FCAs in Germany and the Danish market. The latter has taken off in the past year.
A second-round auction in the UK for grid stability services, including inertia, concluded without any wins for grid-forming battery energy storage system (BESS) projects.
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.
We caught up with the CEO of owner-operator BW ESS, Erik Strømsø, about the firm’s next deployment plans, tolling trends, procurement and LDES, with its 11.5-hour Bannaby BESS in Australia further proof of lithium-ion’s long-duration potential.
Panellists discussed M&A in large-scale BESS on the ‘M&A Market: How Attractive Is BESS Right Now?’ panel discussion at the Energy Storage Summit 2026.
How to enable bankability for large-scale BESS projects was the main topic of the opening panel discussion at the Energy Storage Summit 2026 which kicked off today (24 February).
A flurry of BESS project news from big-name players in Western Europe in the run-up to the Energy Storage Summit next week, with Neoen, Statkraft, Zenobē and Infranode moving projects forward in Germany, Ireland, the UK and Denmark. Highlights include a 15-year toll between Drax and Zenobē, and multiple 4-hour duration systems.
