In IRENA’s Planned Energy Scenario at the global level, electricity system flexibility needs on a daily timescale are four times higher in 2050 than in 2019. In the weekly and monthly timescales, the energy required for the purpose grows by three and 2.5 times, respectively. As for the 1.5°C Scenario, implying a much higher share […]
Author: Parvathy Sobha, Brida Mbuwir and Bart Overdevest,EUSEW Young Energy Ambassadors Renewables are transforming Europe’s energy landscape, but the rapid green transition is testing grid stability. The Iberian blackout exposed the risks of ambition outpacing the system’s flexibility. Yet the story looks different in the north. Nordic countries have integrated vast shares of renewables while keeping […]
Nova Power & Gas has commissioned the largest battery energy storage system in Romania, doubling the country’s total capacity. The installation in Florești, Cluj County, has an operating power of 200 MW and a capacity of 400 MWh. Before the new facility was commissioned, Romania’s overall battery energy storage capacity was 398.8 MWh, according to […]
Premier Energy has acquired a project for a 400 MWh battery energy storage system at a site near Iași, Romania’s third-largest city. Premier Energy Group has announced the acquisition of 100% of a ready-to-build project for a battery energy storage system (BESS). The planned power input and output is 200 MW, while the energy storage […]
Market conditions have become challenging for renewables in the CEE region, alongside uncertainties in the regulatory sphere, which calls for advanced and tailored financing solutions, according to participants in UniCredit Serbia’s workshop on navigating capital flows in the segment, including mergers and acquisitions (M&A). Investors, UniCredit’s clients, highlighted the growing importance of battery energy storage […]
Companies and, eventually, households will be able to participate in the Romanian flexibility services market, getting compensated for cutting their electricity use at a time scheduled one day earlier. The aim is to prevent power outages during peak loads in the transmission grid. The National Energy Regulatory Authority (ANRE) of Romania published a draft regulation […]
Sofia-based Sunotec signed an agreement with oil and gas major Shell on the development of battery energy storage systems in Central Eastern Europe. Sunotec is developing projects for large solar and battery energy storage systems (BESS) in Europe while Shell is one of the leading oil and gas companies in the world. Sunotec said it […]
Croatia is investing only half as much in the electricity network as Slovenia and Austria, said Managing Director of North-West Croatia Regional Energy and Climate Agency (REGEA) Julije Domac. He warned that without an acceleration in grid investments, there are no renewable sources and no energy transition. Croatia is about to overcome one of the […]
Croatia has allocated EUR 50 million to support businesses in installing batteries for storing energy from their existing solar power plants or ones they plan to install. In recent years, many companies all over Europe have installed solar panels for self-consumption to reduce electricity costs. But battery energy storage systems (BESS) offer additional benefits for […]
Romanian power supplier and distributor Electrica has initiated a permitting procedure for the construction of 15 battery energy storage parks, with a combined capacity of about 1 GWh, aimed at providing flexibility to the national grid and supporting the integration of renewable energy sources. The battery energy storage systems (BESS) would boost Electrica’s ability to […]
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