About Latest version of the energy storage system tender announcement
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6 FAQs about [Latest version of the energy storage system tender announcement]
When will Greece's second energy storage tender take place?
Greece’s energy regulator has published a call for the country’s second energy storage tender to take place in February 2024. Greece is gearing up for its second competitive auction for standalone, front-of-the-meter energy storage facilities connected to the electricity transmission network.
How many energy storage projects are there in India?
The country announced its 1 GW energy storage program in the summer with three separate tenders featuring 400 MW, 300 MW and 300 MW of capacity. The first tender awarded 12 energy storage projects in August, with 411,79 ΜW of capacity in total. The second auction aims to award another 288,21 MW of storage capacity.
When will the final tender document be issued by SECI?
The final tender document will be issued by SECI on the Guidelines issued under Section 63 of the Electricity Act, 2003. The draft Guidelines and draft Request for Selection (RfS) documents are enclosed herewith. Prospective bidders are hereby invited to review these documents and submit their comments to SECI by 27.10.2021.
How much does it cost to apply for energy storage?
Additionally, an application fee of €2,500 per submission to the regulator is required. A 100% tender subscription rule fosters competition, requiring at least 576 MW of energy storage capacity to vie for selection to secure 288 MW.
Are energy storage systems a 'on-Demand' option?
SECI has received interest from prospective Buying Entities across the country, to utilize energy storage systems, on a “On-Demand” basis, suited to their requirements during the peak and off-peak hours.
Is Greece preparing for a new energy storage auction?
Greece is gearing up for its second competitive auction for standalone, front-of-the-meter energy storage facilities connected to the electricity transmission network. The auction is part of Greece’s 1 GW energy storage program.
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