Tag Archives: battery energy storage

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Romania ends double taxation of energy storage

The National Energy Regulatory Authority of Romania has approved a regulation eliminating double taxation of energy storage, to allow for faster deployment of solutions for storing electricity. The National Energy Regulatory Authority (ANRE) announced that it has approved an order on methodological norms exempting electricity that is stored and reintroduced into the grid from the […]

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Heatwave strains European grid, brings profit to energy storage operators

Record solar power production, backed by yet insufficient energy storage capacity, helped maintain the stability of the electricity system in Europe during the latest heatwave, Ember said. Many nuclear and other thermal power plants reduced their activity as river water temperature wasn’t low enough for efficient cooling. Intraday price spreads at European power exchanges landed […]

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SolarPower Europe: EU needs ten times more battery storage by 2030 to meet renewables targets

SolarPower Europe believes that the European Union needs ten times more battery storage by 2030 to support the growth of solar and other renewable energy capacities and maintain the pace of the energy transition. To promote battery growth across the EU, SolarPower Europe has launched an initiative called the Battery Storage Europe Platform. “Battery storage […]

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Energy storage in focus: How custom insurance solutions are fueling Southeast Europe’s green transition

Battery energy storage is becoming increasingly central to the energy transition in Southeast Europe and beyond, thanks to its key role in enabling renewables integration while ensuring grid flexibility and resilience. However, as battery energy storage systems (BESS) become more advanced and technologically complex, the risks involved exceed those of traditional renewable energy projects, making […]

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Slovenia to subsidize battery storage for businesses with EUR 17 million

Slovenia’s Ministry of the Environment, Climate and Energy, in cooperation with electricity market operator Borzen, has allocated nearly EUR 17 million in grants for businesses planning to install battery storage systems. The grants are intended for the purchase and installation of battery storage units, hybrid inverters, and electrical installations and equipment. The subsidy can cover […]

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Dimitar Dimitrov: Battery developers should seek insurance in early project stages

Investors and developers of battery energy storage systems (BESS) should engage with insurers or specialized brokers as early as the development phase to effectively manage risks and ensure bankability, advised Dimitar Dimitrov, Business Development Manager at Renewable Energy Insurance Broker (REIB), during Belgrade Energy Forum 2025. With over 4 GWh of energy storage systems across […]