CATL signs 10GWh battery storage deal with FlexGen
FlexGen''s Master Supply Agreement covers the delivery of CATL''s containerised liquid-cooled battery system, EnerC, which the energy storage integrator and software specialist will use for customer projects in the
Engineering, procurement and construction
The negotiation of an engineering, procurement and construction (EPC) agreement for a battery energy storage systems (BESS) project typically surfaces many of the same contractual risk allocation issues
Blackhillock Battery Energy Storage Project
In February 2023, Zenobē selected technology group Wärtsilä as the Battery Energy Storage System (BESS) supplier for the Blackhillock Battery Project. Under the Engineered Equipment Delivery (EEQ) contract,
Huawei signs 1,300MWh solar-charged battery
SEPCO III and Huawei Digital Power signed the contract at Huawei''s Dubai summit last week. Image: Huawei. Huawei Digital Power has said it will supply battery energy storage system (BESS) technology to what is
Energy Storage in Canada: Recent Developments in a Fast
More recently, Evlo Energy Storage Inc. announced, on October 5, 2023, that it will provide the Ontario grid with 15MW energy storage capacity through an equipment supply agreement with
Oneida Energy Storage Project in Ontario, Canada
It will also more than double the amount of energy storage on Ontario''s clean electricity grid from approximately 225MW to approximately 475MW. Key Contractors . US-based automotive and energy company Tesla
Key considerations in battery storage offtake
Vistra''s Moss Landing battery storage site (Source: Vistra Energy). Pricing: How much is enough? A further complication for developers and utilities to consider is how to value any revenues the project might generate
CATL signs 10GWh battery storage deal with FlexGen
FlexGen has signed a multi-year supply deal with CATL that the energy storage company''s CEO said puts it ahead of the queue in a crunch time for battery supply. Kelcy Pegler spoke exclusively to Energy-Storage.news
Emerging Best Practices for Procurement of Battery Storage
From EPRI''s Energy Storage Integration Council: "Energy storage services flow from the bottom up Reliability takes priority (e.g., T&D deferral before market services) Long-term planning
6 FAQs about [Energy storage battery supply contract]
What is the contract structure for a battery energy storage system?
The contract structure has not. Two main issues should be considered when developing a battery energy storage system or “BESS” project. The first is the general contracting structure. The second is key pitfalls when drafting and negotiating specific contracts. This article focuses on the contract structure. Turnkey v. Separate Contracts
Are battery energy storage systems matured?
Battery energy storage systems have matured as the technology, quality, performance and reliability have also matured. The contract structure has not. Two main issues should be considered when developing a battery energy storage system or “BESS” project. The first is the general contracting structure.
What is an EPC agreement for a battery energy storage system?
The negotiation of an engineering, procurement and construction (EPC) agreement for a battery energy storage systems (BESS) project typically surfaces many of the same contractual risk allocation issues that one encounters in the negotiation of an EPC agreement for a solar or wind project.
How do energy storage contracts work?
For standalone energy storage contracts, these are typically structured with a fixed monthly capacity payment plus some variable cost per megawatt hour (MWh) of throughput. For a combined renewables-plus-storage project, it may be structured with an energy-only price in lieu of a fixed monthly capacity payment.
Should a battery procurement contract aggregate liability in a collective project?
For example, if a developer has a number of projects supplying battery storage under a single offtake contract, then it might prefer a single battery procurement contract aggregating liability in the collective project, given that liability under the offtake contract may be connected for failure to develop the collective project.
What are the operational limitations of energy storage?
Operating Limitations: Energy storage resources may be subject to operational constraints that do not affect traditional generation projects. For example, certain battery technologies will degrade more quickly if the state of charge is not actively managed within a certain range.