What is a battery energy storage system (BESS)?

BESS stands for Battery Energy Storage Systems, which store energy generated from renewable sources like solar or wind. The stored energy can then be used when demand is high, ensuring a stable and reliable energy supply.

Is Romania's battery storage market ready for takeoff?

Romania’s battery storage market is gaining momentum, but it’s not yet ready for takeoff. A recent Aurora Energy Research report reveals strong investor interest and promising early projects, but also highlights some regulatory gaps and unclear market access.

Is Romania a promising battery market in southeastern Europe?

With roughly 100 MW of operational capacity — mostly pilot projects run by a few companies — the market is still nascent. Yet Romania now is one of the most promising battery capacity market in Southeastern Europe, said Filippos Falieros, Advisory Project Leader with Aurora Energy Research. What sets Romania apart is not infrastructure, but timing.

How much does a Bess battery cost?

Factoring in these costs from the beginning ensures there are no unexpected expenses when the battery reaches the end of its useful life. To better understand BESS costs, it’s useful to look at the cost per kilowatt-hour (kWh) stored. As of recent data, the average cost of a BESS is approximately $400-$600 per kWh. Here’s a simple breakdown:

Should you invest in a Bess battery?

BESS not only helps reduce electricity bills but also supports the integration of clean energy into the grid, making it an attractive option for homeowners, businesses, and utility companies alike. However, before investing, it’s crucial to understand the costs involved. The total cost of a BESS is not just about the price of the battery itself.

How much money is needed for a Bess project?

A 300 million euros support scheme is already in place for both standalone and co-located BESS projects, and both the TSO and the Ministry of Energy are pushing for more ambitious deployment targets.