Central & Eastern Europe''s ESS market ''needs kickstart''
Energy-Storage.news'' publisher Solar Media is currently hosting the inaugural Energy Storage Summit Central Eastern Europe on 26-27 September this year in Warsaw, Poland. This event brings together the
European battery firm Northvolt files for Chapter 11 bankruptcy
European battery company Northvolt has filed for Chapter 11 ''reorganisation'' bankruptcy in the US, which it said will allow it to restructure its debt to continue scaling the business. The Energy Storage Summit USA is the only place where you are guaranteed to meet all the most important investors, developers, IPPs, RTOs and ISOs
Spot the difference: Europe and North America''s
France is also part of the European six nation shared frequency regulation market – which we heard more about from Corentin Baschet in our discussion of why energy storage deployment in Europe experienced a 2019
Energy Storage Awards 2024: Shortlists announced for the
Leading energy storage developers, system integrators, products, projects, people, and much more are featured on the shortlists for this year''s Energy Storage Awards (ESAs). The Energy Storage Awards 2024, hosted by our publisher Solar Media, marks the second year of recognition and celebration of achievements across the European industry. We
Energy storage
Energy storage can help increase the EU''s security of supply and support decarbonisation. To achieve the EU''s climate and energy targets, decarbonise the energy sector and bolster Europe''s energy security, our energy system needs to
LDES developers, Europe gigafactories & ESS
Energy Dome: Tolling the CO2 Battery ''with investment grade off-takers'' Energy-Storage.news learns why Energy Dome, maker of the proprietary CO2 Battery for long-duration energy storage (LDES), has moved into the project business. Provider Merus and customer Ardian talk 40MWh Finland BESS project: ''Negotiations have to move with the market''
Europe: Rising battery storage markets
While the UK is a standout leader of the continent in terms of deployment figures, and arguably also sophistication of business models – as pointed out in a new study by Aurora Energy Research – tracking the European market is also becoming much more interesting, Darmani said. "There was maybe not as much to speak about a couple of years ago on the
Europe residential energy storage outlook 2024
This regional report provides a ten-year market outlook update (2024 to 2033) for Europe residential energy storage. It covers the current and emerging drivers and barriers, key market trends, policy updates and capacity outlooks for 20 European countries. It also provides insights into residential system costs and key residential battery vendors.
LDES developers, Europe gigafactories & ESS
Energy Dome: Tolling the CO2 Battery ''with investment grade off-takers'' Energy-Storage.news learns why Energy Dome, maker of the proprietary CO2 Battery for long-duration energy storage (LDES), has moved into the
Spot the difference: Europe and North America''s energy storage markets
France is also part of the European six nation shared frequency regulation market – which we heard more about from Corentin Baschet in our discussion of why energy storage deployment in Europe experienced a 2019 slowdown but is expected to bounce back and then continue to grow in the coming years. Of course, as we''ve seen in the past few months
Europe: Undeniable ''momentum behind energy storage''
People around us now say, ''Ok, we have to have energy storage, and it has to play a role," Mayr said. As we heard from energy storage market analyst Anna Darmani at Wood Mackenzie recently, just a couple of years ago, the energy storage market in Europe was dominated by conversation about the UK.
EU nations to invest in renewable energy in Ja
A European Union (EU) delegation is currently in Jamaica and looking to develop partnerships with Jamaican companies in the renewable energy sector to assist the country in meeting its 50 per cent target for
EU clean energy plans ''fall short when it comes to energy storage''
A second life battery storage site in Germany, repurposing Audi EV batteries for grid storage. Image: RWE. The National Energy and Climate Plans (NECPs) of European Union (EU) Member States are largely falling short in recognising the vital role of energy storage, the Energy Storage Coalition has said.
More in common: Europe''s energy storage associations'' unified stance
"Energy storage is regarded as relatively new" in Ireland, Phelan says. The first projects to be handed contracts through the DS3 grid services scheme set up by high voltage grid operator EirGrid to help meet Ireland''s 2020 goal of sourcing 40%
European Market Outlook for Battery Storage 2024-2028
SolarPower Europe has published its new market intelligence report, the European Market Outlook for Battery Storage 2024-2028. The report illustrates the state of play of battery storage across Europe, with updated figures on annual and total installed capacities up to 2023 and a forecast of future installations under three scenarios until 2028.
Europe energy storage investment outlook 2024
This report explores both the contracted and merchant revenue landscapes of energy storage projects in Europe, mapping out viable routes to market and assessing existing investment opportunities. By leveraging Wood Mackenzie''s Europe Power Service price data (covering wholesale power, ancillary services and capacity markets), the report
Europe''s energy storage transformation
The European energy storage industry has witnessed remarkable growth over the last decade, going from 9MW of project announcements in 2010 up to a total of 5,700MW in 2020 (year to date). Out of these projects, around 1.7GW are operational while the remaining 4GW are either announced or under construction (Figure 1) [1].
EU clean energy plans ''fall short when it comes to
A second life battery storage site in Germany, repurposing Audi EV batteries for grid storage. Image: RWE. The National Energy and Climate Plans (NECPs) of European Union (EU) Member States are largely falling
Europe needs 600GW of energy storage by 2050, says trade
Europe will need a total of 187GW of energy storage by 2030 and 600GW by 2050 to meet its renewable energy targets, according to the European Association of Energy Storage (EASE). The 2030 figure was first published last month while the target for 2050, when the continent''s renewable mix is expected to reach 85%, is an entirely new forecast.
''Not too late for Europe to diversify energy storage supply chain''
Tesvolt, Rimac and Prime Batteries at ees Europe / Intersolar last month. Image: Solar Media. On the battery cell manufacturing side, the EU recently passed its Net-Zero Industry Act (NZIA), at a time of mixed fortunes for local battery gigafactory projects, as Energy-Storage.news covered at the time. Since then, the company which has raised by
Evolution of business models for energy storage
As energy storage systems become less expensive and competition grows, trading strategies gain in complexity. Until recently, energy storage systems in Europe relied on "traditional" revenues that were mostly
Energy storage ''centrepiece'' of decarbonisation, EC''s Simson says
As reported by Energy-Storage.news however, and perhaps due in part to input from the industry and advocates, in both cases, later versions of the plans were revised to feature explicit treatment of energy storage. Energy storage does however have friends or allies in the EU government: case in point being a 2020 report spearheaded by Austrian
Europe installed 10GW of energy storage in 2023
Europe has seen its first year when energy storage deployments by power capacity exceeded 10GW in 2023. The eighth annual edition of the European Market Monitor on Energy Storage (EMMES) was published last
''Interesting fundamental drivers for energy storage'' in Greece
Clean Horizon and Energy-Storage.news will be presenting the webinar ''Why Greece is becoming a key energy storage market hub for Europe'', live and on-demand from Tuesday 28 September at 3pm CET. Learn more and sign up free of charge here.
The European Association for Storage of Energy
Thermal Energy Storage. EASE has prepared an analysis that aims to shed light on the numerous benefits of thermal energy storage (TES) by providing an overview of technologies, inspiring projects, business cases, and revenue