Auctions
Advertisement
Advertisement
Advertisement
Latest News
Advertisement
BVES Investor Summit: “Making money with BESS is easier than ever”
The financial sector is increasingly throwing its weight behind battery energy storage systems (BESS), but transparent regulations are necessary to keep the investment going. This was one of the resounding messages from the 2nd BVES Investor Summit, held in Berlin on Wednesday.
TBEA expects 3 GWh demand for storage projects in Brazil’s 2025 capacity auction
The Chinese electrical equipment company estimates battery market potential of 5 GWh through 2027, worth BRL $7.5 billion ($1.26 billion). TBEA sales manager Daniel Lyrio tells pv magazine which variables can make projects competitive.
BESS are becoming more attractive
As battery energy storage system costs plunge, energy price volatility is shortening payback times for storage solutions. This shift, driven by a surge in intermittently generating renewables, and ongoing innovations in battery manufacturing, marks a pivotal moment for energy markets worldwide.
Belgian capacity auctions catalyze 1.1 GW of battery storage
Similar to last year, battery energy storage systems (BESS) made up almost all new-build capacity selected in recent Capacity Remuneration Mechanism (CRM) auctions in Belgium. Simon De Clercq, senior research associate at Aurora Energy Research, tells ESS News that there is even more room for BESS players to participate in the procurement exercises.
All Auctions news
BVES Investor Summit: “Making money with BESS is easier than ever”
The financial sector is increasingly throwing its weight behind battery energy storage systems (BESS), but transparent regulations are necessary to keep the investment going. This was one of the resounding messages from the 2nd BVES Investor Summit, held in Berlin on Wednesday.
Advertisement
TBEA expects 3 GWh demand for storage projects in Brazil’s 2025 capacity auction
The Chinese electrical equipment company estimates battery market potential of 5 GWh through 2027, worth BRL $7.5 billion ($1.26 billion). TBEA sales manager Daniel Lyrio tells pv magazine which variables can make projects competitive.
BESS are becoming more attractive
As battery energy storage system costs plunge, energy price volatility is shortening payback times for storage solutions. This shift, driven by a surge in intermittently generating renewables, and ongoing innovations in battery manufacturing, marks a pivotal moment for energy markets worldwide.
Belgian capacity auctions catalyze 1.1 GW of battery storage
Similar to last year, battery energy storage systems (BESS) made up almost all new-build capacity selected in recent Capacity Remuneration Mechanism (CRM) auctions in Belgium. Simon De Clercq, senior research associate at Aurora Energy Research, tells ESS News that there is even more room for BESS players to participate in the procurement exercises.
Advertisement