RES, energy storage auctions most likely after election

A preparatory period of at least two-and-a-half months is still estimated to be needed for auctions offering tariffs to new RES projects and a first wave of standalone batteries concerning energy storage totaling between 900 and 1,000 MW, the latter to also receive investment support funds worth 200 million euros from the Recovery and Resilience Facility (RRF) if tightening deadlines are met.

Given the hefty time period still required for preparations, the auctions for both new RES projects and energy storage units will most likely not make it for before the country’s next national election, to take place in spring, some time between April and May.

As for the RES auctions, the next session will concern a second round catering to large-scale solar and wind energy units expected to represent more than 1 GW. In addition, a RES auction for small PVs with capacities of between 10 KW and 1 MW is still pending.

According to RRF terms, standalone battery projects to qualify for investment support will need to be completed by the end of 2025.