Portable ESS system project financing options in Switzerland 2030


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It provides a detailed overview of the various phases and challenges of a BESS project in Europe. The PwC experts analyze the complete life cycle of BESS projects and also take a close look at current technological advances and

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In subsequent years this financing pressure should ease, though we do expect that projects and financing needs will spill over into the following years, providing for smoother but still significant financing volumes p.a.

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This offers comfort to private financers to provide capital at a competitive rate. Independent BESS projects, only supporting renewable energy projects, can be bundled

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6 FAQs about [Portable ESS system project financing options in Switzerland 2030]

Which energy storage projects have been commissioned in Switzerland?

Axpo commissioned its BESS in February this year while utility Thurplus commissioned a 3MW system in September last year. But Switzerland was the location for one of the largest energy storage projects commissioned in recent years, a 20GWh pumped hydro energy storage (PHES) unit which started operations in June 2022 in the Canton of Valais.

Should the European Commission adopt an energy storage action plan?

The European Commission must adopt an Energy Storage Action Plan within a broader Flexibility Package, to harmonise markets, remove regulatory barriers, and ensure storage is integral to national energy strategies.

Is Bess being monetised in the Swiss electricity market?

It is being monetised in the Swiss electricity market by both CKW, part of Axpo, and utility Alpiq, the announcement said. The BESS is part of a network of power plants, consumers and batteries, it added. The large-scale BESS market in Switzerland has been relatively quiet with renewable penetration on the country’s grid still relatively low.

How much battery storage will Europe have in 2025?

In the most-likely scenario for 2025, 29.7 GWh of battery storage will be installed in Europe, representing a 36% annual growth. By 2029, the report anticipates a sixfold increase to nearly 120 GWh, driving total capacity to 400 GWh (EU-27: 334 GWh).

What is EWS' Bess project?

EWS’ BESS project has primarily been deployed to help transmission system operator (TSO) Swissgrid keep the grid stable, via the provision of frequency response services to maintain a 50hz frequency. It is being monetised in the Swiss electricity market by both CKW, part of Axpo, and utility Alpiq, the announcement said.

How can a Bess project help a net-zero future?

Carbon credits earned from BESS projects can be traded in the market at a favourable price. BESS is considered as a “sunshine industry”. Thus, it is important for technology, business, and policy stakeholders to forge a winning partnership to help the global economy leapfrog into a net-zero future.

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