Energy Storage News•24 days ago
HDRE, Brawn Capital put ‘100% merchant’ BESS into operation in northern Japan
Key Takeaway
The successful commercial operation of a 100% merchant battery storage project in Japan demonstrates a growing market for standalone storage assets that can generate revenue purely from market participation, offering a new model for developers and investors.
AI Summary
- •A 50MW/104MWh battery energy storage system (BESS) has commenced 100% merchant operation in Hokkaido, Japan, developed by Manoa Energy and HD Renewable Energy Japan.
- •This project demonstrates a viable model for standalone storage revenue generation without long-term power purchase agreements (PPAs), relying solely on market dynamics and arbitrage.
- •The successful deployment highlights growing opportunities for energy storage developers and investors in competitive markets willing to take on market risk for potentially higher returns.
Topics
capacity-marketfinancingpolicyppastorage