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Due to the large capacity of installed hydroelectric and thermal storage systems and the resilience of the Spanish power grid, the need for Battery Energy Storage Systems (BESS) in Spain has been relatively low. The lack of a clear regulatory framework for BESS has also hindered its development in Spain so far.
The market energy storage in Spain, particularly in relation to the BESS systems (Battery Energy Storage Systems), is undergoing a dynamic and accelerated evolution. This transformation is driven by the growing need to integrate renewable energy sources into the electricity grid, improve supply stability and optimize energy use.
When it comes to installed energy storage capacity in general, Spain is one of the leading countries within Europe (see figure 2). Currently, Spain has 6.3GW of hydroelectric and 1GW of thermal storage capacity installed. In fact, the non-BESS storage capacity in Spain is higher than in any other European country.
Spain's battery storage market is dominated by customer-sited systems. Utility-scale storage remains nascent. Currently, Spain's storage market is mainly composed of small-scale batteries co-located with solar PV. Spain's household electricity prices now stand at over EUR 0.30/kWh on average.
Poland's 2024-2025 energy storage subsidy programs are a key element in the country's energy transition. With the growing demand for stable energy sources and the integration of renewables into the grid, energy storage facilities take on special importance.
Investments in energy storage facilities are key to Poland's energy transition. They increase the flexibility of the energy system and promote the integration of renewable energy sources into the grid.
Funding for the program comes from the Modernization Fund (FM), which underscores the importance of the project for modernizing the energy system. By 2030, Poland could receive about 60 billion zlotys from the FM for energy transition goals. The call for applications runs from June 17, 2024 to June 16, 2025, or until funds are exhausted.
Subsidies are available for energy storage facilities, as long as they are integrated with the energy source being implemented as part of the investment. The program provides support covering up to 20% of eligible costs. The continuation of both programs is planned with a larger budget.
Energy storage cost is an important parameter that determines the application of energy storage technologies and the scale of industrial development. The full life cycle cost of an energy storage power station can be divided into installation cost and operating cost.
Generally speaking, the cost of the gas storage tank is the most expensive part of the entire system. Operation and maintenance costs include energy consumption and equipment maintenance. The current cost of compressed air energy storage systems is between US$500-1,000/kWh.
Enel X referred to a recent survey of energy storage systems report that found they typically cost US$1 million per megawatt to build. “We are purchasing it, we're building it together with subcontractors, and we'll own and operate the system on the behalf, collectively, of Imperial and ourselves,” Martin said.
One of the key considerations when it comes to energy storage is cost. Energy storage cost plays a significant role in determining the viability and widespread adoption of renewable energy technologies. The cost of energy storage is a crucial aspect to consider when evaluating the feasibility and scalability of renewable energy systems.
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