Updated Order for Energy Storage Goal, 6/20/2024
In the Roadmap, Staff indicates that New York will need approximately 12 GW of energy storage by 2040 to support a decarbonized and reliable electric system.
Portugal has awarded grant support to around 500MW of battery energy storage system (BESS) projects, using EU Recovery and Resilience Plan (RRP) funding, a bloc-wide scheme that has supported energy storage across the continent.
Government outlines €400 million plan to strengthen grid resilience after April blackout. Portugal will launch a competitive tender for 750 MVA of battery energy storage before January 2026, as part of a broader €400 million package aimed at improving grid reliability and preventing future blackouts.
Greenvolt and Galp have both deployed 5MW BESS projects in Portugal in the past. In eastern Europe, Moldova is in the process of completing a bidding process for the procurement of a 75MW BESS and 22MW internal combustion engine (ICE) project, called the Moldova Energy Security Project (MESA).
The announcement was made by Portugal's Minister for Environment and Energy, Maria da Graça Carvalho, who said the country is now better prepared for potential power outages, though “hopefully they won't happen,” and expects to see clear improvements in the national grid over the next three years.
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