The energy storage market in Italy has unique characteristics that mean more risk-averse investment funds will be able to enter, but upcoming auctions could be very competitive, driving down clearing prices, a director at consultancy Timera Energy said.
Modo Energy has said that battery energy storage systems (BESS) in Australia’s National Electricity Market (NEM) earned an average of AU$148,000/MW (US$92,810/MW) in 2024, a 45% increase year-on-year.
The start of 2025 has seen new and updated BESS revenue indexes launched for Germany as well as other other European markets, by optimiser enspired and consultancies Clean Horizon, Aurora Energy Research and LCP Delta.