European power price volatility creating battery and co-location opportunities

Facebook
Twitter
LinkedIn
Reddit
Email
The 2026 Energy Storage Summit.
This year’s Energy Storage Summit takes place from 24-25 February in London. Image: Solar Media.

Increased renewable energy penetration in Europe’s leading clean energy markets will lead to more fluctuations in power prices, creating new opportunities for battery energy storage system (BESS) developers and co-located solar-plus-storage projects.

This was the sentiment expressed by panellists speaking on day one of Solar Media’s Energy Storage Summit 2026, held this week in London, who gave a number of examples of fluctuations in European power prices as an example of the kind of opportunities for the BESS sector to provide flexibility in the continent’s energy mix.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

“Volatility exists where we have the transition to renewables, or we have an amount of renewable penetration that’s quite high,” said Dan Moore, head of BESS asset management at Root Power. “Those markets are the most interesting ones—they’re certainly the most volatile ones.”

“Germany is the market, in Europe, that has the most sustained merchant opportunity, driven by the depth of its intra-day market [and] the depth of its trading opportunities,” said Alexa Strobel, head of strategy and analysis at Field Energy, starting a discussion on the power price environment that spanned several individual European countries.

Strobel went on to explain that high solar generation—she said that Germany added 17GW of new solar capacity in 2025, compared to ”like 2GW of operational batteries” at present—drove spot prices to lows of -€450/MWh in May last year, and this trend is unlikely to stop as more renewable energy capacity is deployed across the continent.

“In Spain, we have a lot of volatility driven by PV, for sure, reaching quite a lot of negative hours a day, which is quite good when it comes to the location of BESS,” said Mikel Pino, head of energy storage Europe at Exus Renewables. “We have a lot of power purchase agreements (PPAs) with no settlement at zero or negative prices, so it’s painful!”

Read the full version of this story on our sister site, Energy-Storage.news.

3 November 2026
Málaga, Spain
Understanding PV module supply to the European market in 2027. PV ModuleTech Europe 2026 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.

Read Next

May 15, 2026
ISC Konstanz is upgrading its cleanroom facilities to operate a fully integrated solar cell and module pilot line by Q3 2026. 
Premium
May 15, 2026
While CfDs are the most attractive route to market in UK solar, EDF's Ross Irvine says that there are opportunities for corporate PPAs.
May 14, 2026
Canadian Solar has posted a quarter-on-quarter decline in both solar module shipments and net revenues in the first quarter of 2026.
May 13, 2026
German inverter manufacturer SMA Solar has reported a first-quarter net loss of €1.6 million (US$1.86 millon), down from a €5.5 million profit in the same period last year.
May 12, 2026
Spanish IPP Grenergy has secured US$268 million towards a 342MW/1,034MWh solar-plus-storage project in Chile.
May 12, 2026
Getting the commercial structures right is a crucial part of a co-location strategy, writes Arenko's Daniel Moore-Oats.

Upcoming Events

Solar Media Events
May 20, 2026
Porto, Portugal
Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Media Partners, Solar Media Events
June 2, 2026
Johannesburg, South Africa
Media Partners, Solar Media Events
June 3, 2026
National Exhibition and Convention Center (Shanghai)