POWER Magazine•4 months ago
The Hidden Idle Asset Trap: A New Era of BESS Optimization in Europe
- •Europe is experiencing a surge in battery energy storage system (BESS) deployments, but many grid-connected assets are financially underperforming.
- •This underperformance stems from increasingly saturated markets and the use of outdated optimization strategies, leading to stranded assets.
- •Developers and IPPs face significant financial risks if current BESS deployment and operational strategies are not adapted to evolving market conditions.
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