Investors behind standalone battery installations at RES units have named licensing maturity issues, lack of clarity on how market earnings for such energy storage systems could be calculated, as well as the impact of grid injection restrictions as main concerns that need to be addressed by authorities.

Market players expressed their opinions in response to an energypress request for an initial assessment of a new legal framework regulating energy storage.

Participants commended the establishment of a legal framework facilitating the entry of energy storage into the country’s grid, noting, however, that this set of rules arrived with considerable delay, at a time when such an option had almost become a necessity as a result of RES grid injection cuts imposed on producers to protect the grid from overload issues during periods of low electricity demand.

Market players generally offered favorable assessments of the country’s new framework for energy storage, noting it supports rapid deployment of energy storage systems, helps reduce market-related risks, and, by extension, helps reduce financing costs.