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Tight deadlines threaten Brazil’s anticipated battery storage auction
An expected Brazilian auction for energy storage in 2026 may come and go without regulations being set. In Scatec's Sao Paulo office, key representatives from Absae, Aneel, lawyers, and more, came to discuss the issues at hand.
5 hours ago
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Japan: First capacity market battery commissioned, finance secured for 270 MWh Kikugawa BESS
Private and public cash supports more energy storage deployment in Japan, as developers take different approaches to project financing. More large-scale grid-connected projects expected in the wake of oversubscribed Japanese capacity market auction.
Brazil’s LRCAP battery auction demand estimated at nearly 3 GW
Following the contracting of 19 GW in the first LRCAP auction held this Friday (March 20), an additional 501 MW from existing thermal power plants was secured. In total, consultancy Thymos Energia had identified a need for 23 GW across the auctions, leaving an estimated remaining demand of around 3 GW for the battery auction.
Greece: 12 GW+ of merchant batteries wait for the green light as curtailments escalate
Investors have submitted applications for 12.15 GW of utility-scale, standalone merchant battery storage projects in Greece, far exceeding the 4.7 GW the country plans to approve. But with wrestling over financing and key policy details still unresolved, the path to construction remains unclear.
Ukraine prioritizes solar-plus-storage in renewables auctions
Newly-implemented rules governing Ukraine’s energy market introduce solar-plus-storage systems as a separate auction category, ease regulatory barriers governing standalone storage projects and establish processes for renewable energy facilities located in Ukraine’s occupied territories.
“MACSE price levels were driven by bearish battery cost expectations. The market reality today is very different.”
“You can’t work miracles, so the problem remains — there will certainly be an impact for everyone,” Gabriele Buccini, head of Utility Storage at Trina Solar, told pv magazine Italia, referring to market volatility and the risks facing BESS manufacturers, which are now operating in a very different market environment than just six months ago.
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UK regulator unveils first details of LDES cap-and-floor scheme
Ofgem sets out proposals for long-duration energy storage support scheme in letter to industry. Increased minimum capacity requirements and secured grid connection agreements floated as regulator acknowledges need to move quickly to meet government deployment targets.
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Spain plans first capacity market auctions for summer 2025
The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has opened consultation about a capacity mechanism to ensure security of electricity grid supply. The resulting capacity market would be expected to be operational in 2026.
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Polish capacity market auction for 2029 catalyzes gigawatts of battery storage projects
The much anticipated capacity market auction for 2029 conducted by Polskie Sieci Elektroenergetyczne (PSE) ended in the seventh round with a price of PLN 264.90/kW/year ($65/kW/year). Such a clearing price rendered gas projects uneconomical and left significant room for battery storage systems to secure contracts.
Reliance lands 1.86 GWh battery storage in Indian solar-plus-storage tender
Reliance NU Suntech will develop the solar-plus-storage capacity on a build, own, operate basis. The project will supply electricity under a 25-year power purchase agreement (PPA) with the Solar Energy Corp. of India (SECI).
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