Austria progetti bess

Is Bess a feasible solution in Europe?

In summary, comparing the major electricity markets in Europe, BESS has shown its potential in becoming a feasible solution in Central Western Europe and parts of Northern Europe by providing frequency regulation services.

Is Bess a profitable energy arbitrage?

Meanwhile, significant heterogeneity of the potential profitability of BESS has been observed among different major European markets/countries. The analysis of energy arbitrage applications in the major European day-ahead markets also reveals useful information about the general scarcity of flexibility among the electricity markets.

Is Bess profitable in Norway?

The implied IRR has reached more than 30% in 2021 when both the price level and the price volatility are high. In contrast, BESS with the same configuration would not be profitable in Norway. Still, it should be noted that the bidding zone DK2 (Eastern Denmark) is basically the island of Zealand (where Copenhagen is located) and the nearby islands.

Does Bess work in deregulated markets?

Since BESS operation in deregulated markets would depend on the real-time market price and the operating cost, the potential utilization of BESS in different major European electricity markets has been investigated based on the proposed general BESS payoff model considering service remunerations and operational costs.

Where are Bess investments coming from?

Great Britain, Italy and the wholesale electricity market for Ireland and Northern Ireland have emerged as the top three sectors for BESS investments in the region.

What is the final operation status of Bess?

The final operation status of the BESS would be determined by the marginal capacity price and the real market capacity price. The BESS would only provide the FCR service if the market capacity price is higher than the marginal capacity price.