Emelen said the projects are located in “strategically important areas that correspond to grid nodes that are not highly congested but are important for balancing” and are expected to reach construction readiness by early 2025. Then he said.
This brings the total amount transferred to Matrix Renewables as part of the DSA to “approximately 1GW.” The two companies agreed to a five-project, 410MW contract in November. Energy storage.News. These are described as 8 hour projects, but the last two are described as 4-8 hours.
The final size and duration of the project may be determined as it approaches RTB status.
as Energy storage.News The grid-scale BESS market is expected to grow in the coming years as grid operator Terna looks to integrate growing renewable energy generation, as featured in the latest edition of Solar Media’s quarterly technology magazine PV Tech Power. He said it is expected to flourish.
The business case is primarily built around capacity markets and timeshifting of renewable generation, so project durations range from 4 to 8 hours.
Just before Christmas, the European Commission approved a €17.7 billion (US$19.5 billion) state aid plan in Italy to finance the deployment of 9GW/71GWh of new energy storage that Terna needs in Italy. did.
Solar Media, publisher of Energy-Storage.news, hosts its 9th annual event Energy Storage Summit EU This year it will move to a larger venue, bringing together Europe’s major investors, policy makers, developers, utilities, energy buyers and service providers all in one place. Please see the official website for details.