How does a Bess development help a country's energy infrastructure?

BESS developments stabilise a country’s energy infrastructure. For instance, Europe’s first commercial BESS development, Schwerin Battery Park, in Germany was able to restore power to a grid in the midst of an unexpected blackout.

Where is Bess available in Europe?

The UK, Italy, Germany and Spain are the four largest markets for BESS in Europe. Figure 1. New capacity forecasts for top 10 European grid-scale energy storage markets 2022-2031 (GWh). Source: Wood Mackenzie.

Does Spain need a Bess energy system?

Currently, Spain has 6.3GW of hydroelectric and 1GW of thermal storage capacity installed. In fact, the non-BESS storage capacity in Spain is higher than in any other European country. As a result, the need for BESS to integrate renewable energy sources into the electricity system is less immediate than in the UK, for example.

How much power is in the Bess pipeline?

According to BloombergNEF, the total capacity currently in the BESS pipeline is around 3GW. However, Red Electrica’s (the Spanish TSO) registry of requested connection capacity, shows that accumulated requests add up to 22.1GW.

Will the Bess market grow faster in 2025?

Meanwhile, the BESS market in Europe is set to grow faster in the coming years, although not at the levels required, the report said. In the most-likely scenario for 2025, 29.7GWh of battery storage will be installed in Europe, representing a 36% annual growth.

What is a Bess project?

BESS are becoming a key component of the European electricity system, providing much-needed flexibility by storing surplus renewable energy and supplying it during peak demand. However, market conditions for BESS projects vary across countries and continuously change with the progression of the energy transition.