New market energy storage tender

Why is NSW opening a new energy storage tender?

NSW has opened the largest energy storage tender in NSW history, seeking new long-duration storage projects to boost electricity reliability and keep the lights on in NSW. These projects will help ensure a steady and reliable supply of energy around the clock.

What is the Greek energy storage tender?

The tender is part of the country’s 1 GW energy storage auction program. The Greek energy regulator has awarded 300 MW of new battery storage capacity in the nation's second energy storage tender, split among 11 projects. The tender is part of the country’s 1 GW energy storage auction program.

How much does a 1 GW energy storage tender cost?

The tender is part of the country’s 1 GW energy storage auction program. The projects range in size from 8,875 MW/17,75 MWh to 49,9 MW/100 MWh). The regulator said the auction was highly competitive, leading to an average tender price of €47,680 ($51,506)/MW per year.

Which large-scale battery storage projects won a competitive tender?

Three large-scale battery storage projects and one virtual power plant were the winners of a recent competitive tender held on behalf of the government of New South Wales (NSW), Australia.

When does the energy storage tender application process open?

The application process for the first tender closes on July 10, and the list of qualified bidders will be published on August 10. The auction date will be announced later this year. In addition, the application process for the second and third energy storage tenders will open by the end of this year.

When will Greece's second energy storage tender take place?

Greece’s energy regulator has published a call for the country’s second energy storage tender to take place in February 2024. Greece is gearing up for its second competitive auction for standalone, front-of-the-meter energy storage facilities connected to the electricity transmission network.