Projects & Applications
The global pipeline of energy storage projects is growing rapidly across a variety of market segments, including distributed, grid-scale, off-grid and second-life projects.
From increasing solar self-consumption, reducing consumption peaks, providing flexibility to the electricity system, to deferring costly investments in transmission and distribution infrastructure, the range of applications which energy storage devices can provide is constantly evolving.
To build a robust business case, however, most storage facilities need to provide several services.
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Latest News
Battery storage values reach record highs in ERCOT, Pexapark finds
Despite a significant decline in BESS revenues triggered primarily by the saturation of the anciliary services market, the revenue outlook for battery energy storage systems (BESS) in Texas' ERCOT is positive. Pexapark’s latest Q3 ERCOT Market Update report shows that the energy arbitrage value over the next 10 years has gained as much as 19% year-over-year.
17 hours ago
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Romania: $150 million for storage in municipalities, funding for 500 MWh battery project
Energy Minister Bogdan Ivan has unveiled a new €150 million energy storage program, expected to deliver 385 MW of battery storage projects across Romanian municipalities. Meanwhile, one of the country’s largest standalone battery storage projects has secured financing.
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All Projects & Applications news
Battery storage values reach record highs in ERCOT, Pexapark finds
Despite a significant decline in BESS revenues triggered primarily by the saturation of the anciliary services market, the revenue outlook for battery energy storage systems (BESS) in Texas' ERCOT is positive. Pexapark’s latest Q3 ERCOT Market Update report shows that the energy arbitrage value over the next 10 years has gained as much as 19% year-over-year.
Romania: $150 million for storage in municipalities, funding for 500 MWh battery project
Energy Minister Bogdan Ivan has unveiled a new €150 million energy storage program, expected to deliver 385 MW of battery storage projects across Romanian municipalities. Meanwhile, one of the country’s largest standalone battery storage projects has secured financing.
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Utility-scale BESS to drive Czechia’s storage market
Analysis by Aurora Energy Research says recent regulatory changes in Czechia have opened the door to a considerable build-out in utility-scale battery energy storage systems (BESS). Wholesale and ancillary prices are offering strong opportunities in the short term, with a two-hour BESS switched on next year likely to reach an internal rate of return over 15%.
EDP and QIC line up 1.6 GWh battery as part of solar-plus-storage deal in Australia
EDP Renewables Australia and QIC's agreement continues the push to pair large storage with new renewable capacity under Australia’s evolving CIS framework, this time in the state of Queensland, alongside large-scale solar.
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