Latest results of poland s energy storage bid

About Latest results of poland s energy storage bid

Lisbon, December 18th 2024: EDP, S.A. (EDP), through its 71.3% owned subsidiary EDP Renováveis, S.A. (EDPR) has received information about the preliminary results of the main capacity market auction published by Polskie Sieci Elektroenergetyczne S.A., where EDPR has been awarded with 17-year contracts for two Battery Energy Storage System (“BESS”) projects in Poland with a total installed capacity of 160 MW (641 MWh).

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6 FAQs about [Latest results of poland s energy storage bid]

What happened to energy storage in Poland?

The Energy Regulatory Office said in a report last year on electricity storage in Poland that, as a result of the main power market auctions for 2021-2028 and the supplementary auctions for 2012-2025, contracts for energy storage with a total capacity of 9.5 GW were concluded.

Is energy storage a good investment in Poland?

In Poland, interest in energy storage investment has been evident for some time. Last year’s main auction of the power market, with capacity delivery for 2029, further bumped up the capacity of storage projects.

Are energy storage systems a new technology in Poland?

Energy storage systems are a relatively new technology in the Polish capacity market. They have participated in two auctions so far: making their official debut in 2022 (with 2027 delivery year) and subsequently dominating the competition in the 2023 auction.

Is Polish capacity market auction a success for battery energy storage projects?

From ESS News The Polish capacity market auction for 2029 which awarded more than 8 GW of capacity contracts was a success for battery energy storage projects.

How much storage capacity does Poland have in 2024?

The Polish Economic Institute reported that in the power market’s main auction, which was held in December 2024, storage capacity of around 2.5 GW was contracted, indicating that this was a 44 percent increase over 2023, in which the total contracted for batteries was 1.7 GW.

Is Poland moving towards battery energy storage systems (Bess)?

As expected, Poland’s latest capacity market auctions have highlighted a significant shift towards the battery energy storage systems (BESS) beside the fact that the de-rating factor has been significantly decreased.