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Energy Storage News•4 months ago

•Italy's TSO, Terna, successfully procured 10GWh of long-term electricity capacity through the MACSE auction.
•The auction resulted in 'extremely low prices' for the procured capacity, making Terna the primary beneficiary.
•This outcome signals a highly competitive market environment for energy storage and capacity developers in Italy, potentially impacting project profitability.

capacity-market

Energy Storage News•4 months ago

•Australia's 'Cheaper Home Batteries Program' has achieved over 100,000 installations, deploying 2GWh of subsidized distributed energy storage capacity for households and small businesses.
•This significant deployment signals strong government policy support for behind-the-meter storage, creating a robust market for battery OEMs and installers.
•The 2GWh of distributed capacity represents a growing pool of flexible resources that can be aggregated into Virtual Power Plants (VPPs), impacting peak demand, grid stability, and creating new revenue streams for developers and IPPs.

capacity-market

Energy Storage News•4 months ago

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