
The auction held by Polskie Sieci Elektroenergetyczne S.A. (PSE – an electricity transmission system operator in Poland and the sole operator of the country's high-voltage transmission lines, 100 percent owned by the State Treasury) on December 12, 2024, ended in the seventh Dutch auction round with a strike price of PLN 264.90/kW/year for Polish physical units and 247.87 PLN/kW/year for foreign physical units in the synchronous profile zone. [pdf]

Muscat: Nama Power and Water Procurement (PWP) has signed an agreement for the development of the Sultanate of Oman’s first utility-scale solar and battery storage project with the consortium of Abu Dhabi Future Energy Company PJSC – Masdar, Al Khadra Partners, Korea Midland Power Co. Ltd (KOMIPO), and OQ Alternative Energy (OQAE), with an investment of RO 115 million. [pdf]

HONIARA, SOLOMON ISLANDS (12 September 2024)– The Asian Development Bank (ADB) and the Government of Solomon Islands are joining other partners to help Solomon Islands transition to renewable energy with a transformational project that will accelerate renewable energy generation and battery storage system installation, support power sector reforms, and promote private sector participation in the renewable energy generation. [pdf]

IRENA is tracking the current costs and performance of BESS and is monitoring how the value of these systems in different applications and international markets is likely to evolve over time with increasing self-consumption of rooftop solar PV, the provision of grid services such as frequency regulation or ramping needs, as well as peak power demand shaving in industry and alike. [pdf]
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