In 2024, total battery storage installations in Europe went up by 11.9 GW to a total of 89 GW. Yet periods of negative prices in the wholesale electricity market became more frequent, despite this increase. For some in commodity trade, the solution is building even more battery storage—and making good money from it. “It is the ultimate fast and scalable way to pick those instances of extreme volatility and address that volatility,” the head of principal investments at trading firm Castleton Commodities International told Bloomberg…
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