Did European energy secure a contract for a battery project in Poland?
European Energy successfully secured a contract for several battery projects in Poland. The Polish Transmission System Operator Capacity Market auction has awarded a 17-year contract, indexed to inflation, for four battery projects to European Energy.
How many battery projects are being built in Poland?
The Polish Transmission System Operator Capacity Market auction has awarded a 17-year contract, indexed to inflation, for four battery projects to European Energy. The four projects have a combined capacity of 114 MW and are located in the north-western part of Poland. European Energy has 24 months to bring the projects to the ready-to-build stage.
How many GW of battery storage contracts are there in Poland?
Poland has concluded its 2028 capacity market auction, awarding around 1.7GW of contracts to battery storage projects.
What is the value of battery exports in Poland?
The value of exports in the battery sector increased 38-fold over the last six years from around PLN 1 billion (EUR 0.21 billion) in 2017 to over PLN 38 billion (EUR 8.24 billion) in 2022. Poland is the leader of the lithium-ion battery supply chain in Europe and will maintain this position until at least 2027.
Is European energy pursuing battery projects in other European countries?
Beyond Poland, European Energy is actively exploring battery projects in other European countries, where energy storage is becoming increasingly critical to balancing intermittent renewable energy supply with demand.
Where are batteries made in Poland?
In Poland and at the same time in Europe, the largest manufacturer of batteries is the LG Energy Solution factory located in Biskupice Podgórne near Wrocław. Currently, according to PAIH, its production capacity has reached a level of over 100 GWh, and in the next few years it is expected to double.
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The new rules create an opportunity for Poland to create a broad energy storage industry, PSME''s president said, from the development of technologies and products to the creation of jobs. In the main power market auction in 2022, battery energy storage was contracted for the first time - 165 MW to be exact.
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