Europe’s Battery Storage Problem Turns into Opportunity for Traders ...Middle East

OILPRICE - Economy
Europe’s Battery Storage Problem Turns into Opportunity for Traders
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…

Hence then, the article about europe s battery storage problem turns into opportunity for traders was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Europe’s Battery Storage Problem Turns into Opportunity for Traders )

Apple Storegoogle play

Last updated :

Also on site :