Energy Storage News•2 days ago
Pacifico Energy aims to prove subsidy-free BESS in Japan ‘demonstrates competitive returns’
Key Takeaway
Subsidy-free grid-scale battery storage is proving economically viable in Japan through sophisticated revenue stacking, offering a replicable model for developers and a stable power solution for large consumers.
AI Summary
- •Pacifico Energy has successfully self-funded a new grid-scale Battery Energy Storage System (BESS) project in Japan, operating without subsidies.
- •The project's economic viability is attributed to a 'multi-stream revenue stacking model,' demonstrating how diverse revenue streams can ensure competitive returns for BESS.
- •This initiative signals a maturing market where BESS can be profitable independently, offering a practical blueprint for developers seeking non-subsidized projects and potentially more stable energy solutions for large power consumers.
Topics
capacity-marketfinancingpolicyppastorage