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Italian Energy Ministry: “Too late to change capacity and MACSE auction rules”
Addressing several unresolved issues surrounding the Bollette Decree, the ETS system, and upcoming storage auctions, the Director General for Energy Markets and Infrastructure at MASE responded to industry concerns over the lack of regulatory clarity for the storage market.
21 hours ago
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EU industrial strategy could slow BESS progress, association warns
Industrial Accelerator Act sets out domestic content rules for large-scale battery energy storage system (BESS) projects, including EU-made battery management system mandate. European Commission proposal to be debated by European Parliament and EU Council.
Spanish government plans to accelerate permitting for hydroelectric plants
Consultation now open on plan to streamline permitting process for reversible hydroelectric plants. The government wants to integrate energy authorization, environmental assessment and water concession into a single procedure.
Philippines mandates energy storage for renewables plants over 10 MW
Department of Energy (DOE) order sets out new rules for mandatory energy storage, including a minimum capacity of at least 20% of the generating plant’s installed capacity. DOE also calls for energy storage systems (ESS) installations to have grid supporting capabilities, such as grid-forming inverters to help stabilize voltage and frequency.
Germany’s grid-fee reform threatens energy storage investment
Energy storage systems are indispensable for the German energy system. They increase security of supply, reduce energy costs, and support efficient grid operation. However, investment security is at risk. The AgNes grid fee reform and the elimination of the exemption from grid fees for storage systems are causing investors to hesitate and projects to stall.
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Greece readies for next battery storage growth phase
Greece’s energy storage market is hot with a number of new policies paving the way to new applications in the market. The government is now working a new plan, which will allow the colocation of batteries with existing solar plants as well as standalone, in front of the meter battery energy storage systems.
Pumped storage: Planning for 1.5 GW in Scotland, new alliance for 500 MW in Italy, progress on 600 MW Scottish project
Scottish energy storage company ILI Group has lodged plans for a major pumped hydro facility at a famous Scottish loch. Meanwhile, renewable energy developer Drax has appointed engineering firm Voith Hydro to move forward its plans to build a 600 MW project near Oban in Scottland. In Italy, Edison and Webuild have joined hands for a 500 MW pumped storage development.
Australian government to underwrite 1.4 GW of renewables, battery storage projects
The Australian federal government will underwrite a minimum of 1 GW new wind and solar projects and another 400 MW/1,600 MWh of storage capacity in South Australia to help the state progress to its net 100% renewables goal by 2027.
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Bulgaria’s battery storage market gears up
Bulgaria has installed between 40 MWh and 50 MWh battery energy storage capacity to date. However, a new national legislation as well as funds provided through the European Union’s Recovery and Resilience Facility could see the country install another 1 GWh over the next two years.
Global energy storage fleet to surpass 1 TW/3 TWh by 2033, WoodMac says
According to the latest forecast from Wood Mackenzie, the global energy storage market (excluding pumped hydro) is on track to reach 159 GW/358 GWh by the end of 2024 and grow by more than 600% by 2033, with nearly 1 TW of new capacity expected to come online.
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Battery storage deployment in Canada kicks into gear
The deployment of battery energy storage systems (BESS) in Canada is picking up the pace, with the announcement of a 705 MWh battery storage system delivery to Nova Scotia by Canadian Solar's e-STORAGE and various other projects in provinces across the country. However, this surge cannot come quickly enough says Energy Storage Canada.
Interview with Trina Storage: We expect consolidation in the coming years
In a recent interview with pv magazine Italia, Gabriele Buccini, head of utility storage at Trina Solar, talked about the company's vertical integration and its forecasts for the storage market. “There is enough capacity available to drive prices down in 2024 in an anomalous way,” Buccini said when talking about global battery energy storage production levels.
Pumped hydro projects declared high priority by NSW state government in Australia
Three pumped hydro projects that would deliver a combined 1,035 MW / 9,480 MWh of dispatchable capacity are among six projects that have been declared critical state significant infrastructure by the New South Wales (NSW) state government in Australia, potentially smoothing the way for their approval.
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