Back to Company

Ribera supports that each country design capacity auctions for batteries in the reform of the European electricity market.

Cover image: Ribera supports that each country design capacity auctions for batteries in the reform of the European electricity market.

According to Mario Nicolás, CEO of NCPower, battery installations for large photovoltaic parks or large industry "are already profitable."

[Batteries are already profitable: high electricity prices in 2022 and 2023 accelerate their incipient 'boom' in Spain]

With the high volatility that we are seeing in the last two years, with prices in solar hours tending towards zero and prices above 100 euros/MWh in peak demand or in the early hours of the night, it is already profitable to install battery modules in photovoltaic parks. In fact, he assures that "this year is especially profitable because battery prices are decreasing; In 2021 the price of the product was around 400 euros/kW and now it has dropped to 300 euros/kW." And he expects it to continue falling in the coming years. "According to our analyses, NCPower will reach a sales figure in 2024 of 2 GWh, and it will double every year. "There is no other option if you want to increase efficiency with solar generation."

El-Espanol-InvertiaDownload