Belgian capacity auctions catalyze 1.1 GW of battery storage
Over the past four auction rounds, a total of 13 new large-scale BESS projects were selected, with ENGIE, Storm, and GIGA Storage securing the largest contracts.
Over the past four auction rounds, a total of 13 new large-scale BESS projects were selected, with ENGIE, Storm, and GIGA Storage securing the largest contracts.
Support for R&I projects for energy. In this context, several publicly funded R&I projects which also include storage, are being performed by Belgian research centres.
Over the past four auction rounds, a total of 13 new large-scale BESS projects were selected, with ENGIE, Storm, and GIGA
Summary: Discover how Brussels'' innovative energy storage subsidies cut electricity costs while stabilizing renewable energy grids. This guide explores policy impacts, real-world case
This article serves as a comprehensive guide to securing funding for a 270MWh BESS project in Belgium, covering everything from understanding Belgian renewable energy
ENGIE and NHOA have confirmed a partnership to build a 320 MWh battery energy storage system (BESS) at Drogenbos, Brussels.
Jones Day advised the consortium of senior creditors consisting of Belfius Bank NV/SA, KBC Bank NV, and Triodos Bank on the financing of BSTOR SA/NV''s, SOPAER SA''s and
ENGIE and NHOA have confirmed a partnership to build a 320 MWh battery energy storage system (BESS) at Drogenbos, Brussels.
Utility and energy trader Eneco has signed a long-term flexibility purchase agreement (FPA) for the 50MW/140MWh, 2.8-hour duration project, allowing it to use that
Utility and energy trader Eneco has signed a long-term flexibility purchase agreement (FPA) for the 50MW/140MWh, 2.8-hour
Our Belgian Immovable Property and Banking & Finance team advised Energy Solutions Group on the financing of their first large-scale battery energy storage system in
Elia awarded the contract for the 100 MW/400 MWh BESS near the village of Kallo, in the fourth round of Belgium''s CRM, a procurement program introduced by the
TotalEnergies has launched at its Antwerp refinery (Belgium), a battery farm project for energy storage with a power rating of 25 MW and capacity of 75 MWh, equivalent to
PDF version includes complete article with source references. Suitable for printing and offline reading.
The commercial financing is provided by KBC Bank (senior loan provider) and Wallonie Entreprendre (junior loan provider) and marks a significant advancement in the financing of BESS projects in Belgium. Large-scale battery energy storage is needed to reliably integrate increasing volumes of renewables on the Belgian grid.
A digital illustration of the D-STOR battery storage project in Belgium. Image: BSTOR. Project owners BSTOR and Energy Solutions Group have started building separate BESS projects totalling 440MWh of capacity in Belgium, following financial close, both of which will use Tesla Megapacks.
“We are indeed seeing that the CRM is ‘supercharging’ an already interesting battery market in Belgium.
“In 2022, the energy crisis led to a partial reversal of the Belgian nuclear phase-out. The lifetimes of the nuclear reactors of Doel 4 and Tihange 3, with a total capacity of 2.1 GW, were extended until 2035. This reduced the need for additional capacity in the Belgian power system.