(Bloomberg) — Renewable energy developer Neoen will build France\u2019s largest battery, helping to store rising solar and wind generation and ease strain on the country\u2019s grid.<\/p>\n
Construction of the 248-megawatt battery \u2014 which will have 496 megawatt-hours of capacity \u2014 is scheduled to begin this summer, with operation expected in 2028, Neoen, controlled by Brookfield Asset Management, said in a statement. Japan\u2019s Nidec will assemble the battery packs in France.<\/p>\n
Demand for battery storage is growing in France, and other parts of Europe, as power gluts become increasingly frequent due more solar and wind generation that can exceed demand during parts of the day. That\u2019s leading to curbs in French nuclear and renewable output, making grid balancing more challenging, and causing big swings in prices \u2014 including to below zero.<\/p>\n
The new battery will provide frequency and voltage regulation services to the French grid and help relieve congestion of the network in the Paris region, according to the statement\u00a0<\/p>\n
Installed battery storage in France rose 35% last year 1.61 gigawatts, according to grid operator RTE data.<\/p>\n
\u00a92026 Bloomberg L.P.<\/p>\n","protected":false},"excerpt":{"rendered":"(Bloomberg) — Renewable energy developer Neoen will build France\u2019s largest battery, helping to store rising solar and 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