“Everything must change”, goes the well-known line, “if things are to stay the same.”
European energy markets face the same paradox. As renewable energy surges at unprecedented levels through the grid, the market is shifting to ensure that stability — in terms of pricing, frequency, supply and demand — remains.
Developers and buyers are signing sophisticated contracts with carefully managed clauses pertaining to curtailment rights, negative price settlement, and replacement GOs; meanwhile, infrastructure investment ramps up to connect energy-rich regions with demand-intensive urban centres.
Battery energy storage systems (BESS) provide a key tool for market players to respond to emerging challenges, optimise revenue streams and enhance overall system reliability.
This article explores the offtake structures made possible by BESS, and how buyers and sellers can take advantage. Download your copy to learn how battery storage can be leveraged to bring stability to price forecasts, generation profiles, and the grid itself.