Storage space dominates in France's capability public auction

• The Ministry for the Ecological and also Inclusive Transition's long-lasting public auction was arranged by grid driver RTE under the French ability purchase system. Storage space made up 253 MW of the ability designated in the public auction, which was open to all decarbonizing innovations.

The goal of France's long-lasting public auction (AOLT) is to make it possible for the growth of ability to safeguard long-lasting power supply. The victors will certainly gain from an ensured rate over 7 years under the ability system, for properties to be taken into solution in 2020, 2021, 2022, and also 2023.

The Ministry for the Ecological and also Inclusive Transition of France (MTES) released a full checklist of victors today, with storage space taking two-thirds of the ability up for grabs. French power company RES as well as Voltalis were amongst the winning firms. According to Réseau de Transport d'Électricité (RTE), the nationwide transmission system driver, around 253 MW of brand-new storage space ability as well as 124 MW of brand-new generation capability was alloted in the purchase workout.

Although the public auction looked for ability for 4 various timespan, just the 2021-27 as well as 2022-28 durations succeeded. The authorities did not appoint any kind of capability for the 2020-26 as well as 2023-29 durations.

For the very first 2 amount of time, the controlled cost was EUR29,000/ MW and also EUR28,000/ MW, specifically. Rates for the various other 2 durations was evaluated EUR19,000/ MW and also EUR21,800/ MW, specifically.

"For each public auction, the ensured rate represents the rate provided by the picked deal closest to the cost of the need contour. The need contour, mirroring the worth offered the area, was suggested by RTE as well as authorized by the Minister of Ecological as well as Solidarity Transition and also the Energy Regulation Commission," RTE stated.

For 2021-27, 8 projects were picked, standing for 151.1 MW in overall, consisting of 93 MW of storage space as well as 58.1 MW for generation. For 2022-28, one more 225.7 MW was assigned, of which 159.7 MW mosted likely to battery systems and also 66 MW to producing plants.

In regards to storage space, Total-- using its subsidiary, BHC Energy-- won 103 MW, with 58 MW for the 2021-27 duration as well as 45 MW for 2022-28. AFD7, a project business had by Amarenco France, won a 75 MW project for the 2022-28 duration, while RES won 2 24 MW projects. The various other victors of smaller sized projects, varying from 1 MW to 7.6 MW, were ZE Energy, Valorem, Entech, Neoen, Aloe Energy, and also Innergex.