EU shift to 15-minute power trading fuels over a 15% profit boost for battery storage

Battery storage systems (BESS) are poised for significantly higher profits across Europe, with Rystad Energy analysis suggesting potential increases of over 15% in some countries. The positive shift follows changes to the European Union’s (EU) power pricing structure introduced in October, making the economics of BESS projects much more attractive. The European Union’s updated power system now determines electricity prices every 15 minutes, a shift from the previous hourly system. Sh