What Germany can learn from British BESS
The United Kingdom is arguably Europe’s most mature battery energy storage market, with asset owners free to build revenue stacks from grid ancillary services, a capacity market, wholesale markets, and a revamped balancing platform. Baris Serifsoy of GreenCap Partners examines how the British experience can inform Germany’s energy storage sector.
As renewable energy penetration deepens and grid stability challenges intensify, battery energy storage systems (BESS) must adapt their business models to remain viable. Over the past few years, we have witnessed a structural shift in the revenue mix. Using the United Kingdom and Germany as examples, BESS revenue streams have transitioned from contracted ancillary services …
Advertisement
Advertisement
Advertisement
Advertisement