Italy’s MACSE and the evolution of BESS asset management in Europe
The low prices and strict operational requirements in Italy’s recent MACSE auction for BESS have brought asset management and operational execution into the spotlight.
The low prices and strict operational requirements in Italy’s recent MACSE auction for BESS have brought asset management and operational execution into the spotlight.
In a major week for European BESS deal-making, project acquisition and financing deals have been done in the Poland, Germany, Finland, the UK and Romania for grid-scale projects totalling well over 1GW of capacity.
A year since the implementation of the initial steps in EU Batteries Regulation went into effect and the impacts are already being seen, writes Nicholas Bellini of TÜV SÜD.
We hear from the co-founder and CEO of optimiser Suena Energy Dr. Lennard Wilkening about the evolution of BESS asset management in Europe, including the impact of artificial intelligence (AI).
Europe is on track to reach 100GW of cumulative energy storage deployments this month, according to LCP Delta and Energy Storage Europe.
Utility and power firm LEAG has partnered with Chinese system integrator HyperStrong for a 400MW/1,600MWh BESS in Saxony, Germany.
The low level of the MACSE tariffs in Italy took everyone by surprise and will require careful asset management, but their relative value and those of the capacity market (CM) should increase over time.
BESS and flexible generation provider Statera Energy has secured £235 million (US$309 million) in debt financing for its 680MW/1,360MWh Carrington BESS project in Manchester, UK.
State-backed power firm PPC Renewables has launched construction on its a large-scale BESS in Greece, for which Trina Storage will supply the energy storage technology.
Nearly 70% of the 4.5GW/12.7GWh of grid-scale BESS that came online across the globe last month was in China.