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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.
Wooderson hybrid 3.6 GWh DC-coupled storage project gets go ahead in Australia
The Wooderson project combines 450 MW of solar PV and 3.6 GWh of battery energy storage (BESS) with an eight hour capacity on a DC-coupled setup. It is one of a series of similar large-scale projects undergoing environmental assessment in Australia at the moment.
Italy’s new energy provisions could boost gas use, undermine renewables and storage competitiveness
Italy’s new energy decree aims to cut consumer electricity bills, but industry experts warn it could slash solar revenues by over 30%, slow the PPA and battery storage markets, and increase gas-fired generation. The measure also raises regulatory and state aid concerns, potentially making the Italian electricity market riskier for investors.
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European battery market growth to drop off amid falling electricity prices
The latest analysis from SolarPower Europe reveals that, in 2023, Europe installed 17.2 GWh of new battery energy storage systems (BESS), up from up from 8.8 GW in 2022. While this marks the third consecutive year of doubling the annual market, much slower growth is expected in the years to come.
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Poland’s new capacity market auction could hamper BESS
The draft parameters for this year’s capacity market auction in Poland could make the rollout of battery energy storage systems (BESS) much more difficult. The document proposes a significant reduction to the BESS derating factor that could be particularly harmful for longer duration storage systems.
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Australia’s NSW opens largest energy storage tender in history
The Australian state of New South Wales (NSW) has made history, opening two significant tenders for projects of up to 1 GW of new, long-duration energy storage projects, and up to 3.98 GW of access rights to the South West Renewable Energy Zone.
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