Quarterly report
Most of hours with negative prices occurred in May (1573), mainly distributed across Northern Europe, Central Western Europe and Central Eastern Eu-rope. Negative prices signal the
But, as intermittent renewables rise in the power mix, more cables will have to be built to allow power to flow from sunny, windy areas
Power price forecasts for Europe since 2009, and North America since 2000 Pan-European modelling methodology for Europe at the plant level Local experts dedicated to each European
In the future, Germany, Italy and Poland will be the hot spots in the European energy storage market. The German energy storage market is expected to grow rapidly from 8 GW in 2023 to
The latest edition of the European Market Monitor on Energy Storage by the European Association for Storage of Energy and LCP Delta, released on 31 March, highlights
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Europe''s battery storage capacity is expected to grow around five-fold by 2030, bringing with it increasing returns for energy majors,
Let''s cut to the chase: if you''re reading this, you''re probably either a) desperately Googling backup power solutions or b) a wholesaler looking to tap into the $15.7 billion portable energy
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Curious about European power markets? Explore how European energy markets work, how they compare to US power markets
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With mobile energy storage vehicle wholesale demand skyrocketing, Italy has become the "Tesla battery" of the Mediterranean. Let''s unpack why businesses worldwide are
The electric vehicle (EV) market is getting bigger and bigger in Europe, which means more and more batteries need to be produced
The European Commission''s Joint Research Centre (JRC) and the Ministry of Energy and Industry of Albania held a joint workshop on the future role of energy storage in South Eastern
Expected growth of the utility-scale battery energy storage market in six key countries in Central and Eastern Europe by 2030. In many countries in Central Europe, the
In Eastern Europe, countries like Poland, Hungary, and the Baltics increasingly import from Western neighbors when prices are lower there (e.g. German wind surplus), but can export at
With record growth in 2024 and new projections through 2029, the study highlights key market drivers, regional developments, and essential policy recommendations.
However, Europe''s market remains highly concentrated, with Germany, Italy, and the UK accounting for more than two-thirds of 2024 demand, and the top five markets hosting nearly
Europe—is marching toward the mixed asset model. The twist to the VPP model in Europe revolves around linkages to active energy trading, the sheer volume of the market (and
The improvements in market fundamentals supported a fall in wholesale electricity prices in European markets in Q1 2024. The European Power Benchmark averaged 67 €/MWh in Q1
Our five-year outlook foresees significant BESS expansion in Europe – a sixfold increase to nearly 120 GWh by 2029, driving total capacity to 400 GWh, yet falls short of energy transition needs.
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We looked at all storage technologies apart from pumped hydro, identifying 1502 projects across 33 European countries with secured grid connections and that are either
We looked at all storage technologies apart from pumped hydro, identifying 1502 projects across 33 European countries with
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The electric vehicle (EV) market is getting bigger and bigger in Europe, which means more and more batteries need to be produced globally. Here we analyse the EV
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