Projected Utility-Scale BESS Costs: Future cost projections for utility-scale BESS are based on a synthesis of cost projections for 4-hour duration systems as described by (Cole and Karmakar, 2023). The share of energy and power
Saticoy, a 4-hour duration 100MW standalone BESS project in California, US. Image: Arevon Asset Management. The levelised cost of storage (LCOS) for battery storage in the US has declined enough recently to offset
The European Commission on Monday approved a new aid scheme for the deployment of large-scale electricity storage in Spain. Subsidies will be available for standalone energy storage sites, projects installed
While the energy storage market continues to rapidly expand, fueled by record-low battery costs and robust policy support, challenges still loom on the horizon—tariffs, shifting tax incentives, and supply chain uncertainties
Key Findings Standalone Energy Storage Systems (ESS) are rapidly emerging as a key market, with 6.1 gigawatts of tenders issued in the first quarter of 2025 alone, accounting for 64% of the
Spain has launched a €700 million energy storage program to support battery, thermal, and pumped hydro projects, aiming to deploy 2.5–3.5 GW of capacity. The initiative,
The market for utility-scale storage projects remains comparatively small at around 100MW, though a pipeline of projects is beginning to emerge.2,3,4,5 Much of Spain''s existing utility
In Germany, Aquila Clean Energy is developing a large portfolio of battery storage projects consisting of 45 – 85 MW projects with two-hour storage duration, marking Aquila Clean
Spain has launched a €700 million energy storage program to support battery, thermal, and pumped hydro projects, aiming to deploy 2.5–3.5 GW of capacity. The initiative, led by MITECO and backed by EU funding,
Spain''s battery energy storage market is at a critical point. Despite being a leader in renewable energy deployment in Europe, the country has only 18 MW of standalone batteries installed,
Program that seeks to promote the energy transition in Spain, specifically in the renewable energy, renewable hydrogen, and storage sectors. 6,5 M€ for 10 Thermal Energy Storage
performance values and provide current cost ranges; 2) increase fidelity of the individual cost elements comprising a technology; 3) provide cost ranges and estimates for storage cost
Thermal storage can be competitive by 2025: By 2025, there are thermal energy storage (TES) assets already competitive with existing technologies by only charging in the hours of lowest
Pending approval, a total of €167.6 million ($187.1 million) has been allocated toward 46 standalone thermal and electrical energy storage projects, with a cost range from
Energy storage systems in Spain are a key element in the fight against climate change, as they help us to address the challenge of the energy transition. These systems make renewable
The government of Spain is launching two programmes with €280 million in grants for standalone energy storage projects, thermal and PHES.
It targets large-scale energy storage projects in Spain. It focuses on technologies like standalone battery energy storage systems (BESS), pumped hydro energy storage (PHES), and thermal energy storage. The program
Subsidies will be available for standalone energy storage sites, projects installed alongside renewable energy facilities, and storage planned as part of thermal power plants.
Executive Summary In this work we describe the development of cost and performance projections for utility-scale lithium-ion battery systems, with a focus on 4-hour duration
The European Commission has approved a €699 million state aid scheme in Spain to support the deployment of up to 3.5GW of energy storage.
Spain has launched an ambitious €700 million (around $796 million) program to increase its energy storage capacity. This plan will add 2.5 to 3.5 gigawatts (GW) of storage. It includes pumped hydro, thermal energy
Energy storage has become a fundamental building block for the energy transition in Spain. The need for sound technical solutions and an adequate regulatory
The aid is targeted at various storage technologies, including stand-alone battery systems, reversible pumped hydro, thermal storage, and hybrid systems integrated with
Battery costs have fallen dramatically owing to scale and investment of automotive sector Note: Battery price is benchmark price for an LFP energy storage module in the United States Data
Spain''s ministry for the ecological transition said on Friday it will allocate EUR 700 million (USD 799.4m) in grants through competitive tendering to support large-scale energy storage projects in an effort to improve grid
Jon Ander López Ibarra, product manager for battery energy storage systems (BESS) at Spanish power conversion system company Jema Energy, says Spain needs to
There exist a number of cost comparison sources for energy storage technologies For example, work performed for Pacific Northwest National Laboratory provides cost and performance
Continued expansion of intermittent renewable energy, ESG-focused investments, the growing versatility of storage technologies to provide grid and customer services, and declining costs
Grid-Scale Battery Storage: Costs, Value, and Regulatory Framework in India Webinar jointly hosted by Lawrence Berkeley National Laboratory and Prayas Energy Group
From ESS News The European Commission on Monday approved a new aid scheme for the deployment of large-scale electricity storage in Spain. Subsidies will be available for standalone energy storage sites, projects installed alongside renewable energy facilities, and storage planned as part of thermal power plants.
Investing in energy storage helps Spain meet its climate goals. This includes achieving carbon neutrality by 2050. Storing renewable energy instead of wasting it helps the country rely less on fossil fuels. This also cuts down greenhouse gas emissions. Pumped hydro, thermal storage, and battery systems are effective technologies.
Projects will need to be built within 36 months of being granted the aid, with a final commercial operation date no later than 31 December, 2029. Spain is targeting around 22.5GW of energy storage by 2030 as part of its National Energy and Climate Plan (NECP).
The European Commission on Monday greenlit a new aid scheme to enable Spain to deploy large-scale energy storage with co-financing of up to 85%. From ESS News The European Commission on Monday approved a new aid scheme for the deployment of large-scale electricity storage in Spain.
As of early 2025, Spain has roughly 1 GWh of grid-scale storage under construction, according to industry sources. This new wave of funding could accelerate the build-out, enabling developers, integrators, and OEMs to expand their footprint in one of Europe’s most promising emerging markets.
A total of €700 million (US$800 million) is available in the form of capex grants. It is open to standalone battery energy storage system (BESS) projects, thermal energy storage projects and pumped hydro energy storage (PHES) projects as well as those that are hybridised with renewable generation facilities.
