Successful bid price of BESS project in Norway 2025

Scatec, of Norway, prevailed with its 123 MW Haru BESS project at the Leander substation, with a R2 037.10/MWh evaluation price. All the projects will use lithium-ion battery technology.
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6 FAQs about [Successful bid price of BESS project in Norway 2025]

How much does a 123 MW Bess project cost?

the 123 MW Retreat BESS project at the Merapi substation, with an evaluation price of R2 477.86/MWh. Scatec, of Norway, prevailed with its 123 MW Haru BESS project at the Leander substation, with a R2 037.10/MWh evaluation price. All the projects will use lithium-ion battery technology.

How much does Bess cost?

The cost of BESS has fallen significantly over the past decade, with more precipitous drops in recent years: This is nearly a 70% reduction in three years, owing to falling battery pack prices (now as low as $60-70/kWh in China), increased deployment, and improved efficiency.

Which Bess projects are in the pipeline in Sweden?

Most BESS projects in the pipeline in Sweden are 1-hour systems, with the business case still very much centred around ancillary service markets. One of the first European-owned gigafactories for battery cell production, Northvolt’s Ett was built in Sweden, and the company is collaborating with Volvo to build the country’s second site.

How long does it take to negotiate a Bess project?

Though complex and time-intensive to negotiate, often taking several months to a year, these agreements are quietly becoming the preferred model for BESS projects over 100 MW. In Germany, Nofar Energy secured €86.5 million for a 104.5 MW/209 MWh storage project through a seven-year tolling agreement.

Will Bess become more pronounced in 2025?

We’re going to see the locational benefits of BESS become more pronounced in 2025 and beyond. Batteries in the north of Scotland have been earning more than average as they have been doing so in the south-east of England as well, whereas BESS in the midlands and south-west of England have earned less than average, reveals Modo Energy’s analysis.

How much does Bess cost in China?

It is nonetheless still eye-opening to note just how big those differences in cost are. The average for a turnkey system in China including 1-hour, 2-hour and 4-hour duration BESS was just US$101/kWh. In the US, the average was US$236/kWh and in Europe US$275/kWh, more than double China’s average cost.

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