Energy Storage News•about 1 month ago
Ireland ‘enters new era’ with battery storage units participating in wholesale market for first time
Key Takeaway
Ireland's new wholesale market rules for battery storage unlock significant revenue streams and investment opportunities for developers and IPPs, while enhancing grid stability for large consumers.
AI Summary
- •Ireland has implemented new wholesale electricity market rules allowing battery storage assets to participate directly for the first time.
- •This regulatory change creates new revenue streams and investment opportunities for battery storage developers and IPPs.
- •Direct market participation for batteries enhances grid flexibility and reliability, potentially benefiting large power consumers through improved price stability and supply security.
Topics
capacity-marketfinancingpolicystorage