Image: Tinne Van der Straeten via Twitter. New-build battery storage projects from three developers totalling 357MW were among resources awarded contracts in Belgium’s latest capacity market auction. Belgian grid operator Elia announced the results of its Capacity Remuneration Mechanism (CRM) auction just before the end of October.
“We are indeed seeing that the CRM is ‘supercharging’ an already interesting battery market in Belgium.
Other factors that make Belgium an appealing location for battery investments are the exemption of TSO grid fees and high revenues from balancing market (mainly FCR and aFRR),” Simon De Clercq, senior research associate at Aurora Energy Research, told ESS News.
In September, Giga Storage, a BESS developer based in the Netherlands, announced that it is planning a 300MW/1,200MWh project in Belgium which would be connected directly to the transmission network via existing 380kV high-voltage transmission lines nearby. Read more coverage of the Belgian market on Energy-Storage.news.
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As in last year’s auctions, battery storage accounted for nearly all of the new-build capacity selected in the three 2025 capacity market auctions. Across all procurements to date, …
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New-build battery storage projects from three developers totalling 357MW awarded contracts in Belgium’s latest capacity market auction.
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The project location is Belgium and Belgium''s -28 capacity market auction yields contracts for Unlike other storage conferences, proceeds from the event help to fund high …
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Similar to last year, battery energy storage systems (BESS) made up almost all new-build capacity selected in recent Capacity Remuneration Mechanism (CRM) auctions in …
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