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Brazil’s battery capacity auction risks being delayed until 2027
The competition still lacks a policy framework and must take place five to six months after its publication. Brazil's storage association warns of a need for additional power starting in 2028, with a growing risk of a deficit. The battery LRCAP has been expected since 2024.
Colombia launches long-term electricity auction, opens participation to battery energy storage systems
The resolution establishes 15-year contracts with obligations starting in 2030, along with an additional procurement window in 2035 for one of the products, with implementation scheduled before July 31, 2026.
Long-duration battery storage can contribute to security of supply more cost-effectively than gas-fired power plants, LCP Delta finds
LCP Delta has conducted a study analyzing the potential contribution of long-duration battery storage to security of supply within capacity tenders in Germany, including an economic comparison with gas-fired power plants and the resulting costs to the public. However, the authors explicitly note that they are not advocating for a complete phase-out of new gas-fired power plants.
Philippines announces 7th renewables auction, mandates integrated BESS
The country’s seventh green energy auction is set to procure rooftop, ground-mounted and floating solar projects across the Philippines, with increased allocation in Mindanao. The Department of Energy plans to release the auction’s terms of reference during the second quarter of this year.
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Terna allocates 43 GW in Italian capacity market auction for 2027
On Feb. 26 Terna announced the results of its capacity market auction, allocating 43 GW for the delivery year 2027, for more than €1.847 billion. Industry insiders expects that battery storage projects have accounted for around 900 MW.
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A fork in the road for energy storage
Faster-than-expected price falls and global oversupply of batteries will go up against a rising tide of global protectionism this year. So how will it all shape up for the energy storage industry? Storage industry thought leader and UN adviser Marek Kubik considers the key issues.
Feb 10, 2025
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