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EU Battery Regulation is coming
Manufacturers and suppliers of batteries for photovoltaic energy storage must meet more extensive requirements under the new EU battery regulation. Many companies are still unsure what this means for their product design, processes, and management systems. Yalcin Ölmez, head of the operational and investment risks department at German testing body TÜV SÜD, explains what companies now need to consider.
Brazilian regulator Aneel opens new consultation on energy storage rules
Brazilian electricity regulator the Agência Nacional de Energia Elétrica (Aneel) has suggested energy storage sites not pay charges for both charging and discharging into the grid and that such facilities should benefit from revenue stacking.
Storage will be key to modernizing Brazil’s electricity sector
Brazil’s energy storage sector must attract R47 billion ($7 billion) in investments by 2030, according to the Brazilian Energy Storage Solutions Association (Absae). Stakeholders are in the process of creating a regulatory framework for energy storage.
Key takeaways from Spain’s AEPIBAL Day energy storage event
While the AEPIBAL Day (AD) event featured positive policy announcements, association president Luis Marquina said energy storage projects need priority designation to speed their deployment and must continue to be eligible for the Strategic Projects for Economic Recovery and Transformation (PERTE) subsidy program.
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BVES Investor Summit: “Making money with BESS is easier than ever”
The financial sector is increasingly throwing its weight behind battery energy storage systems (BESS), but transparent regulations are necessary to keep the investment going. This was one of the resounding messages from the 2nd BVES Investor Summit, held in Berlin on Wednesday.
Wartsila says right signals needed to drive Australian battery investment
One of the biggest players in Australia’s surging battery energy storage system (BESS) market says regulators and policymakers must establish effective frameworks for market access and get the market signals right to ensure continued investment.
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BESS are becoming more attractive
As battery energy storage system costs plunge, energy price volatility is shortening payback times for storage solutions. This shift, driven by a surge in intermittently generating renewables, and ongoing innovations in battery manufacturing, marks a pivotal moment for energy markets worldwide.
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