In the past few months Spain has announced a 2.5GW energy storage target by 2030 and Portugal is hosting a tender with a significant add-on option for storage, but
The target for energy storage has been increased from 20GW in the previous NECP to 22.5GW by 2030. Image: Iberdrola. Spain has increased its energy storage target by
NTPC has opened bidding invitations in a tender for 250MW/500MWh of battery storage in Madhya Pradesh and Maharashtra, India.
Energy storage trends Spotlight on SpainIntroduction In Spain, the National Integrated Energy and Climate Plan 2021-2030 (" PNIEC ") aims to achieve a 100% renewable electricity system by 2050. However, the
Capacity payments that solar-plus-storage developers could earn from winning in Portugal''s big 700MW solar tender are an interesting first step, but will likely only be a supplementary income to add to what could be
The Central Electricity Authority predicts that India will need 27GW/108GWh of grid-scale battery energy storage system (BESS) and about 10.1GW of pumped hydro storage (PHS) to meet its target of 500GW of non-fossil fuel energy
In the past few months Spain has announced a 2.5GW energy storage target by 2030 and Portugal is hosting a solar tender with a significant add-on option for storage, but tentative regulatory and market design steps will
Bulgaria is taking bold steps toward a greener energy future, having recently wrapped up its most ambitious energy storage tender to date. With nearly 10 GWh of standalone energy storage capacity awarded—more
The strategy includes a target of 20.4 GW of operational PV systems by 2030, comprising 14.9 GW of large-capacity plants and 5.5 GW of decentralized generation. Additionally, Portugal has launched its first tender for
Executive Summary The rapid expansion of renewable energy has both highlighted its deficiencies, such as intermittent supply, and the pressing need for grid-scale energy storage
Portugal plans to hold an energy storage auction before January 2026 as part of a €400 million ($462.2 million) initiative to enhance grid resilience following an April blackout.
Levelized Cost of Storage for Standalone BESS Could Reach ₹4.12/kWh by 2030: Report Battery energy storage system based on low-cost lithium-ion batteries can
It is intended that 90% of the electricity produced in 2030 will be from renewable sources. The installed capacity of electrolysers at the end of this decade is expected to reach 5.5 GW. For
National and regional agencies in India tendered for 9.5GW of utility-scale ESS in Q1 2025, more than two-thirds for standalone systems.
The electricity board of the Indian state of Gujarat is tendering for 500MW/1,000MWh of standalone battery energy storage systems (BESS).
Standalone Energy Storage Systems (Standalone ESS) tenders reached 6.1 gigawatts (GW), which accounted for 64% of all utility-scale energy storage tenders in the first
The document discusses the commercial viability and strategic importance of Battery Energy Storage Systems (BESS) as standalone assets in the evolving energy market. It highlights the anticipated growth of BESS, driven by
Bondada Engineering, Oriana Power, and Pace Digitek have won Telangana Power Generation Corporation''s (TGGENCO) auction to set up 250 MW/500 MWh standalone battery energy storage systems (BESS) in
The document outlines a significant 66% drop in tariff for standalone battery storage tenders over two years, despite increased storage penetration and stricter resource requirements. The
With this in mind, the Portuguese Ministry of Energy announced on July 31 that it was awarding €99.75 million to a call for tenders for the installation of energy storage projects totalling...
The government of Spain is launching two programmes with €280 million in grants for standalone energy storage projects, thermal and PHES.
February 2024 once more saw battery storage benefiting from the UK''s capacity market as batteries bagged a bigger slice of the year-ahead T-1 auction than any other clean
This uptick in activity is encouraging for the market. Going forward, the activity in the storage market is expected to grow with the decline in battery prices and initiatives such as
ENERGY EFFICIENCY The European Green Deal has set the roadmap for reduction of greenhouse gas emissions by at least 55% by 2030. Renewable energies are inevitably
It seeks to build a comprehensive energy storage roadmap for Portugal, outlining storage targets for 2030, 2040 and 2050, and exploring the regulatory and market actions that should be
The Portuguese Ministry of Energy has allocated EUR 100 million ($108 million) for grid flexibility and energy storage projects which should be installed by the end of 2025.
The first programme is set to allocate EUR 180 million -- EUR 150 million to support standalone energy storage projects, with thermal storage initiatives receiving a funding boost of EUR 30 million. The second funding
Government of India (GoI) set a new target of 500 GW of non-fossil fuel-based capacity by 2030 and is pursuing different programs for large scale renewable energy (RE) projects and already
28th April 2025 0 195 Standalone Energy Storage Systems (ESS) are emerging as the cornerstone of India''s utility-scale ESS auctions, making up 64% of the total tenders floated
India''s drive for renewables has accelerated the need for storage, but there are many factors to success, writes Charith Konda of IEEFA.
Levelized Cost of Storage for Standalone BESS Could Reach ₹4.12/kWh by 2030: Report Battery energy storage system based on low-cost lithium-ion batteries can enable India to meet the morning and evening peak
As part of its new energy strategy, Portugal aims to produce 80% renewable electricity by 2026 and 85% by 2030. The strategy includes a target of 20.4 GW of operational PV systems by 2030, comprising 14.9 GW of
The government can also encourage RE + BESS contracts for Corporate PPAs to expedite energy storage deployment and increase the share of renewable energy. Unlocking
Portugal’s government has announced the outcome of an energy storage tender that will see the installation of 500 MW of energy storage capacity to support the country’s energy transition. Energy storage battery. Photo by Anna Vasileva
The installed capacity of electrolysers at the end of this decade is expected to reach 5.5 GW. For energy storage, the target is to reach 1 GW of batteries and 3.9 GW of pumped storage by 2030. AleaSoft provides multiple services to help agents operating in the Portuguese market to achieve these objectives.
This initiative aims to enhance the flexibility and stability of Portugal's power supply system amid its record-breaking solar electricity production. On July 31, the ministry announced the allocation of €99.75 million through a call for tenders to install energy storage projects totaling 500 MW.
casted to grow to 353,880MW by 2030. Spain had 88MW of capacity in 2022 and this is expected to rise to 2,500MW by 2030.In the past few months Spain has announced a 2.5GW energy storage target by 2030 and Portugal is hosting a tender with a significa t add-on option for storage, butStatkraft argues that energy storage is essential to
fic, technologic and private sector. Portugal is looking to support at least 500MW of energy storage capacity y the end of 2025 via grant support.Today pumped hydro accounts for more than 90 per cent of global electricity storage, a lot of it in the US, accordin to the Internation l Energy Agency. But more
Results of the ENERGYPLAN model for Portugal in 2030 in the SP scenario. The emissions for all scenarios are close to zero (well below the target of target 4.3Mton), as the natural gas-fired plant is only used for a very few hours of the year. The cost of the system is, at worst, lower than 2023. 6.
