Energy Storage News•10 days ago
‘Terna is the big winner’: Taking stock of Italy’s MACSE auction
Key Takeaway
Italy's MACSE auction secured a substantial 10GWh of capacity at exceptionally low prices, signaling a highly competitive market for developers while potentially stabilizing long-term capacity costs for consumers.
AI Summary
- •Italy's TSO, Terna, successfully procured 10GWh of long-term electricity capacity through the MACSE auction.
- •The auction resulted in 'extremely low prices' for the procured capacity, making Terna the primary beneficiary.
- •This outcome signals a highly competitive market environment for energy storage and capacity developers in Italy, potentially impacting project profitability.
- •For large power consumers, this could translate to more stable and potentially lower capacity charges in the long run due to secured, low-cost capacity.
Topics
storagecapacity-marketpolicytransmissionfinancing