Can flow battery technology be used as an alternative to Li-ion?

ENGIE’s energy management system (EMS) will control the batteries as they store energy generated from the onsite solar PV for use in the evenings. Invinity said it, ENGIE and EQUANS hope to use the project to better understand how flow battery technology could be used at such sites as an alternative to Li-ion.

Is Belgium a good market for battery storage assets?

Belgium is becoming a market that represents good opportunities for battery storage assets, due to its congested grid with a rising share of renewable energy.

Why is Belgium a good place to invest in a battery?

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.

What is a derating factor in a battery bid?

“The duration of the battery will result in a different derating factor of the bid,” De Clerq said. The derating factor is a percentage that reflects how much of a project’s total capacity is “usable” for ensuring grid reliability during periods of high demand or stress.

Why is Belgium's storage fleet growing so fast?

Belgium’s storage fleet is growing at a fast pace, not the least due to the opportunity to secure contracted revenues via its CRM auctions. On the last day of October, system operator Elia published the results of the CRM auctions held this year, showing that a total of 450 MW of BESS had secured contracts.

Who won a wind farm contract in Belgium?

Developers awarded new-build contracts were Storm, a Belgian wind farm developer diversifying into the new technology, which won three contracts of 60MW, 120MW and 25.2MW; Electrabel, a Belgian subsidiary of ENGIE which won two contracts of 55.51MW each; and Innotech, an electricity and heating services provider which won 40.8MW.