Energy · Field notes
Battery storage field notes
For how battery storage is procured, read the sector guide: How battery storage is procured: what each scheme pays for, and what the winner gives up.
Battery storage · Field note
Australia’s CIS Tender 10: the revenue floor you bid is the one you signCIS Tender 10 bidders set unindexed floors, ceilings and caps for up to 15 years; without Financial Close the contract ends, with up to AUD 4,000,000 owed.
Battery storage · Field note
NYSERDA’s standard bulk storage contract settles against a market index, not the battery’s own revenueNYSERDA’s first bulk storage round, eight projects and 950 MW: its standard contract settles both ways against a market index, on credits outages shrink.
Battery storage · Field note
Kenya’s mini-grid battery tender: a firm price for batteries its own documents size two waysREREC asked for a firm lump sum for seven Kenyan solar mini-grids, yet its specification and price schedules size the batteries differently at three sites.
Battery storage · Field note
In SECI’s storage tenders, the subsidy needs its own guarantee tooSECI’s Kerala and Odisha battery tenders made the winner guarantee the viability gap funding too, besides bid and performance security: how much, how long.