Energy Storage in Belgium
Belgium: tax discount: Investors in energy storage assets are eligible for a federal tax discount; for physical persons the deduction on the taxable income amounts to 20% of the eligible
Ben Kunnen, CEO of Opteco, one of the companies involved (left), with a sonnen home battery storage system. Image: Opteco / Elia. Some 2,000 residential battery systems in Belgium have been aggregated into a virtual power plant (VPP) and are providing balancing services to transmission system operator Elia.
More than 2,000 households in Flanders, the northern half of the country, have been helping to maintain grid stability with their home batteries as part of a project by Elia and local firms Smart E-Grid, a VPP solutions provider, and Opteco which installs home energy systems.
Guidehouse Insights recently estimated that annual deployments of distributed energy storage aggregated into VPPs could reach 3GW by 2030. 2,000 home battery systems in Belgium have been aggregated into a VPP and are providing balancing services to TSO Elia.
GIGA Storage Belgium recently signed an agreement with Tractebel as Owners Engineer, and the Stadsbader-Sweco joint venture as the construction team. Stadsbader Group will oversee the structural part of the works and Sweco Belgium will be responsible for the engineering of the future battery park.
Belgium: tax discount: Investors in energy storage assets are eligible for a federal tax discount; for physical persons the deduction on the taxable income amounts to 20% of the eligible
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Ben Kunnen, CEO of Opteco, one of the companies involved (left), with a sonnen home battery storage system. Image: Opteco / Elia. Some 2,000 residential battery systems in Belgium
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