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Articles written by Blathnaid O’Dea
Japan awards 1.4 GW of BESS in second long-term decarbonization auction
Japan allocated 1.4 GW of battery energy storage (BESS) in the latest round of its Long-Term Decarbonization Auction (LTDA). The results showed BESS was the most oversubscribed technology, with only a fifth of the bid capacity awarded.
Big things ahead for Romanian BESS investments
Aurora Energy Research foresees double digit internal rates of return for standalone battery energy storage (BESS) projects entering the market as early as 2026, while co-located assets could prove even more promising – especially post 2028 where rising saturation in the balancing markets is observed. Romania's energy minister said the country is targeting 3 GWh over the next few years.
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Why Ireland’s 10 GW energy storage pipeline is delayed by revenue uncertainty
Ireland’s market for battery energy storage (BESS) is likely to continue to decline after a brief ramp up around six years ago. Where developers once had a degree of certainty as part of the DS3, its ancillary market services framework, changes to that scheme are causing major uncertainty among developers.
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Philippines issues terms for renewables auction with storage
Pairing solar plants with battery energy storage systems (BESS) will be the main strategic focus for the country's upcoming renewable energy auction. Each project must have a minimum storage duration of four hours to ensure sufficient grid support and energy reliability.
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