Description

TABLE OF CONTENTS

Executive summary (2)

New regulations and initiatives discussed this month (5)

Americas (5)

United States (5)

Europe (5)

Germany (5)

Australia (6)

Victoria (6)

Project updates and announcements (8)

Overview of the 2021 market for utility-scale energy storage projects (8)

Projects announced or contracted this month (8)

Europe (10)

Projects commissioned this month (10)

Europe (10)

Americas (10)

Tenders this month (11)

Asia (11)

Focus of the month: Poland, a slowly maturing storage market (13)

1. 1. Polish electricity context (13)

a. The Polish electricity mix (13)

b. Future changes in the mix / renewables objectives (13)

c. Energy storage in Poland (regulations) (16)

d. BESS projects announced, in construction and commissioned (17)

2. Revenue streams available in Poland for energy storage systems (19)

a. Trading on day ahead and balancing mechanism (18)

b. Ancillary services (20)

c. Capacity market (20)

d. Renewable energy auctions (23)

TABLE OF FIGURES

 Figure 1: German innovation tender requires 0.33MW / 0.66 MWh of storage to be colocated with renewables (6)

Figure 2: Scheduled volume for future innovation tenders (6)

Figure 3: Utility-scale energy storage projects announced/contracted and commissioned in 2020 and 2021 (ongoing) (8)

Figure 4: Electricity generation mix in Poland for 2020, 2030 and 2040 (Source: Impact assessment of policies and measures - Annex 2 to the National Energy and Climate Plan for 2021-2030) (13)

Figure 5: Capacity forecast of technologies for years 2020-2040 ( from Impact assessment of policies and measures - Annex 2 to the National Energy and Climate Plan for 2021-2030) (14)

Figure 6: Major actors of the electricity supply chain (15)

Figure 7: Average daily price spread on the day-ahead and balancing market (19)

Figure 8: Graph presenting the total volume of capacity contracts concluded for the auctions as well as the clearing price (22)

TABLE OF TABLES

Table 1: Group strategies for 2030 (16)

Table 2: List of stor age projects in CHESS developed in Poland (17)

Table 3: Table of revenues for an energy storage system in Poland (18)

Table 4: Government's expectations in terms of RES deployment resulting from the 2021 auction (Source : https:/ / www .dentons.com/ en/ insig hts/ alerts/ 20 21 / january/ 11 / budget -for-re s- auctions-in-2021) (24)