An auction for 700MW of grid energy capacity in Portugal is being configured to allow bids from solar and also solar-plus-storage projects to participate on a competitive basis, with guaranteed payments for energy storage co-located projects to use a capping mechanism in the event of ‘price spikes’.
Results announced last week in a Capacity Market (CM) auction in France which had low-emissions requirements, saw 253MW of energy storage awarded 7-year contracts.
Battery storage assets in the UK successfully landed capacity agreements in last week’s T-3 Capacity Market auction by listing as demand side response (DSR) assets.
A 1.2GW hybrid tender in India coupling pumped hydro, batteries, solar and wind power has achieved tariffs that are highly competitive against coal power, according to prominent industry figures.
A regulatory framework put in place by Italy’s grid operator TERNA has enabled Enel X to aggregate residential energy storage systems to pool their capabilities.
Solar Energy Corporation of India (SECI) has issued tenders for 1.2GW of wind and solar hybrid capacity as well as 4MW of floating PV with 2MW/1MWh of battery storage.
Battery storage submissions for forthcoming Capacity Market auctions in the UK have dwindled, with demand side response emerging as the clean technology of choice.
Portugal’s EDP has inked a deal for its largest PV project to date, a 3.8MWp solar-plus-storage duo it will develop for lead acid battery and storage system maker Exide Technologies.