UK battery storage frenzy continues, despite sector headwinds
UK battery storage projects and pipelines have never been more... Read more →
Analysis
UK battery storage frenzy continues, despite sector headwinds
UK battery storage projects and pipelines have never been more sought after by energy infrastructure investors, with ready-to-build developments continuing to be fiercely fought over by both new entrants and incumbent players despite a sharp rise in capex costs and a forecast tightening of ancillary services availability.
Developer-led PPA tender could offer new market blueprint
Germany’s BayWa last week announced its intention to initiate a corporate PPA tender in autumn 2022, with the company hailing it as a “turning point for the PPA market”. However, questions remain around whether potential counterparties will easily swallow a reversal of power procurement roles, as well as whether the move truly heralds a new dawn… Read More ›
Polish renewables JV scraps CfDs for PPA
KGAL and GreenVolt-owned V-Ridium have negotiated a 15-year virtual PPA with T-Mobile Polska for all of the output from a co-owned 98MW portfolio of onshore wind and solar PV projects which had previously secured 15-year CfDs in government auctions.
Ireland opens RESS 2 amid changing market dynamics
Ireland’s second Renewable Electricity Support Scheme (RESS) auction formally opened for submissions on Friday (April 29) but did so in the context of a market that looks fundamentally different from the one that greeted the inaugural edition in 2020.