As Ireland and Northern Ireland transition to net zero and the volume of variable renewable generation in the electricity generation mix increases, there is a need for more flexibility provision. There is >1GW of operational energy storage on the Island, however the majority of this has been short duration batteries participating in system services. There are a number of market reforms underway that will change the landscape for energy storage projects including incentive mechanisms for longer duration storage assets.
In our latest Energy Essentials podcast we introduce the Battery Energy Storage Systems (BESS) market in Ireland and Northern Ireland, discuss the key challenges facing it and how wider reforms of the SEM energy market might impact BESS assets.
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SEM Flexibility Power Market Forecast
Discover more: SEM Flexibility Power Market ForecastIndicative revenue forecast of battery storage assets in the Single Electricity Market (SEM). This is based on our two-stage storage optimisation service, Power Price Forecasting and Storage Optimisation Modelling.
