Europe is ‘walking into new dependencies’ in global battery supply chain
‘We are walking with open eyes into new dependencies,’ said ReCharge’s Ilka von Dalwigk at the Energy Storage Summit.
Challenges remain for inertia in Germany, but value to BESS ‘will only go up’
The inertia market could be a significant contributor to the German energy mix, despite the challenges that remain.
Expert counterparties and tolling structures key to minimising uncertainty in German BESS market
Minimising counterparty risk is a key component of the German BESS sector, particularly amid ongoing political uncertainty.
Germany Roundup: ‘First fully merchant financing’, 180MWh M&A, analytics deal on 282MWh project
A trio of notable Germany announcements: Aquila Clean Energy EMEA has financed a merchant project, Chint Solar has sold a portfolio to Second Foundation while Twaice will provide analytics on behalf of BayWa r.e..
‘Critical’ for Germany’s capacity market design to enable battery storage participation
The upcoming German capacity market must be designed in such a way that enables BESS to generate revenue, according to industry experts.
Policy clarity on FCAs, grid fees needed to realise the potential of German BESS
Greater clarity in both government policy and market mechanisms could be essential if the German BESS industry is to realise its potential.
German BESS market has moved beyond peak hype
“The word tsunami describes very well the hype that was in Germany,” said Cristina Yandiola at this week’s Energy Storage Summit.
Germany: Level playing field for storage vs conventional generation is major challenge, says developer Kyon
That’s according to Benedikt Deuchert, head of business development and regulatory affairs for German battery energy storage system (BESS) developer and EPC firm Kyon Energy.
EU approves Spain’s €9 billion capacity market for generation, demand response and energy storage
The European Commission has approved a €9 billion (US$10.5 billion) scheme to shore up its energy capacity, which will be open to new and existing projects including energy storage.
Eco Stor and Next Kraftwerke agree toll for 700MWh Germany BESS
Owner-operator Eco Stor has secured a long-term toll with utility Next Kraftwerke for its 300MW/700MWh project in Förderstedt, Germany, one of the largest being built in the country.
