The Swiss technology group Bühler has received an order from the Italian company FIB which specialises in the production of LFP batteries to supply systems for the large-scale production of lithium iron phosphate batteries at the Teverola 2 plant near Naples FIB is planning to start with an annual production capacity of 8 GWh which includes four continuous mixing lines for the production of electrode pastes Bühler will deliver two continuous mixing lines each for anode and cathode electrode slurry production at Teverola 2 the newly installed systems “utilize Bühler’s co-rotating twin-screw extruder technology streamlining multiple process steps into a single continuously running unit.” Bühler’s technological solution consumes up to four times less energy and requires fewer operators “Bühler’s state-of-the-art continuous mixing technology and their proven expertise at Teverola 1 made them the ideal partner for Teverola 2,” said Andrea Civitillo co-founder and Managing Director at Seri Industrial S.p.A adding: “Their solutions offer unparalleled efficiency which align perfectly with our goals for the project This partnership strengthens our position in the growing market for renewable energy and electric mobility markets.” Head of Market Segment Battery Electrode Compounds at Bühler further elaborated: “Our continued collaboration with FIB S.p.A embodies our shared vision of driving innovation and sustainability in the energy sector We are proud to contribute to such a transformative project that will significantly enhance Europe’s capacity for producing high-performance LFP batteries.” This is not the first instance where the two companies are working together, as in 2020, Bühler delivered an electrode slurry production system to FIB’s Teverola 1 project, a pilot plant with a capacity of 0.35 GWh per year. Earlier this year, Bühler also delivered megacasting systems for Honda buhlergroup.com I agree with the Privacy policy electrive has been following the development of electric mobility with journalistic passion and expertise since 2013 we offer comprehensive coverage of the highest quality — as a central platform for the rapid development of this technology Dürr supplies eight lines for battery electrode coating to FIB SpA in Teverola 2025 – Dürr Systems AG has received a significant order from Italian battery manufacturer FIB S.p.A The major order was awarded in December and includes the delivery of a giga-coating system comprising of four anode and four cathode lines The order value is in the upper double-digit million-euro range The order is the result of a strategic intensification of activities in battery production which Dürr began in 2018 with the acquisition of the US company Megtec/Universal Megtec brought solutions for three key steps in lithium-ion battery production the partnership with the Japanese coating equipment manufacturer Techno Smart Corp The acquisition of Ingecal in 2023 brought a specialist in calendering technology into the company Dürr’s coating business operates in the new Lithium-Ion Battery business unit the order from FIB is a significant success reflecting the strategic decisions made in recent years a Seri Industrial Group company active in the production of lithium-iron-phosphate batteries technologically advanced battery production facility in Europe The equipment supplied by Dürr includes the tandem coater a proven system that sequentially coats the foil on one side and then the other slitter and solvent recovery for the anode and cathode areas The schedule for the two-phase project near Naples is tight with installation to begin in the fall of 2025 and production to start in the course of 2026 Vice President Global Business Unit Lithium-Ion Battery at Dürr Particularly noteworthy is the short time from receipt of the order to the start of installation of the first lines in just 10 months – after all READ the latest Batteries News shaping the battery market Dürr supplies eight lines for battery electrode coating to FIB SpA in Teverola, Italy, source XING Mobility Launches BBx48: Industry-First Immersion-Cooled BBU That Rewrites the Rules of Data Center Backup Power TAIPEI 2025 (GLOBE NEWSWIRE) — XING Mobility Fontaine Modification Leads Supplier Consortium to Develop and Deploy Fuel Cell – Battery Electric Class 6 Truck CHARLOTTE 2025 (GLOBE NEWSWIRE) — Fontaine Modification is leading a.. Stellantis and Factorial Energy Reach Key Milestone in Solid-State Battery Development Stellantis and Factorial Energy successfully validated automotive-sized solid-state battery cells with 375Wh/kg energy density COPYRIGHT POLICY DISCLAIMER TERMS & CONDITIONS PRIVACY POLICY We love meeting interesting people and making new friends Energy storage company Seri Industrial has entered into a non-binding agreement with energy company Eni for the potential development of a lithium-iron phosphate battery industrial chain This would apply to energy storage systems (ESS) as well as industrial and commercial electric mobility The Italian companies will explore the creation of a joint venture to build a stationary energy storage production plant production lines for active material and battery recycling It would support a similar plant being built by FIB Seri subsidiary Faam is constructing an 8GWh battery production facility for prismatic LFP cells and batteries dedicated to ESS It would also recycle 50 tons/day of end-of-life batteries It works with LFP soft pouch (50Ah) high energy density applications with integrated BMS Seri’s Marco Civitillo said: “This new facility could potentially integrate LFP cathode material production leveraging ENI’s expertise in the chemical sector along with the recycling of end-of-life batteries.” is to set up a new company that would oversee sourcing sales and R&D for both gigafactories: Teverola 2 All the latest on Batteries & Energy Storage Technology Asahi Kasei and Honda have agreed to convert an existing Asahi Kasei subsidiary into a joint venture making lithium-ion battery separators in Canada Find a wealth of information on the energy storage and battery industries with BEST Magazine From all the latest news to in-depth technical articles we have everything you need in print and online All the latest news and articles on Batteries & Energy Storage Technology Copyright 2025 © Energy Storage Publishing Ltd Bühler’s advanced process technology to power FIB SpA’s lithium-ion battery production in Italy 2025 – Bühler Group’s Grinding & Dispersing business area has been awarded a major contract by FIB S.p.A. a subsidiary of the Italian group Seri Industrial S.p.A. to supply cutting-edge equipment for the large-scale production of lithium iron phosphate (LFP) batteries at the Teverola 2 plant near Naples With a remarkable annual production capacity of 8 gigawatt hours (GWh) this facility represents a significant step forward in Europe’s battery manufacturing landscape Bühler’s equipment – four continuous mixing lines for electrode slurry production – is scheduled for installation by the end of 2025 a company specialized in the production of lithium iron phosphate batteries for various applications such as energy storage systems and mobility solutions have been developing a fruitful collaboration over the last years Bühler delivered an electrode slurry production system to FIB’s Teverola 1 project a pilot plant with capacity of 0.35 GWh/year to produce lithium-ion cells Bühler will now supply two continuous mixing lines each for anode and cathode electrode slurry production at Teverola 2 These advanced systems utilize Bühler’s co-rotating twin-screw extruder technology This innovative approach ensures exceptional throughput this state-of-the-art technology consumes up to four times less energy and requires fewer operators compared to traditional batch mixing methods the integrated QuaLiB in-line quality control system ensures precise monitoring and reduces production scrap rates Bühler’s state-of-the-art continuous mixing technology and their proven expertise at Teverola 1 made them the ideal partner for Teverola 2 “Their solutions offer unparalleled efficiency This partnership strengthens our position in the growing market for renewable energy and electric mobility markets.”  also highlighted the significance of this partnership: Our continued collaboration with FIB S.p.A “We are proud to contribute to such a transformative project that will significantly enhance Europe’s capacity for producing high-performance LFP batteries.” Bühler’s advanced process technology to power FIB SpA’s lithium-ion battery production in Italy, source U Power Limited (NASDAQ:UCAR) Partners with Sumitomo Mitsui to Deliver Southeast Asia’s First Battery-Swapping Taxi Fleet in Phuket PHUKET 2025 /PRNewswire/ — U Power Limited (Nasdaq:.. 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Lithium Royalty Corp Announces Increased Price Range and Extension of Substantial Issuer Bid TORONTO–(BUSINESS WIRE)–Lithium Royalty Corp (TSX: LIRC) (“LRC” or the “Company”).. similar technologies and tracking services the Dürr Group acquired a major order in the growth business of systems for battery production The mechanical and plant engineering firm listed on the SDAX will supply a turnkey system for electrode coating to the Italian battery manufacturer FIB (a Seri Industrial Group company) The order value for the plant in Teverola near Naples is in the high double-digit million-euro range The plant is designed for the production of lithium-ion battery cells with a total output of 8 gigawatt hours per year thin metal foils are coated with the cathode and anode material with four lines each for cathode and anode coating in which both sides of the foils are coated and cutting devices for extracting individual electrodes from the electrode foils Dürr supplies environmental systems for recovering the solvents required for the coating process from the exhaust air and reusing them More and more batteries are needed worldwide Dürr has been active in the battery production technology business since 2018 The order from FIB is by far the largest project in this business area to date “This major project is of enormous strategic importance and underlines the attractiveness of our range of solutions for the large-scale production of electrodes for batteries” Several factories for battery cells are currently being built in Europe and this is likely to continue in the coming years While in the past battery cells were almost exclusively sourced from Asia the trend is now to build up own production capacities “Europe needs its own battery industry to be able to meet its demand For the construction of the necessary factories many battery manufacturers want European technology suppliers as an alternative to Asian suppliers This is exactly what Dürr stands for: We know the needs of European customers we have recognized technologies at our disposal and we know how to build and commission production systems safely and on schedule,” says Dr Installation of the systems for FIB is scheduled to begin in the fall of 2025 Start of production is planned during 2026 The Dürr Group is one of the world's leading mechanical and plant engineering firms with particular expertise in the technology fields of automation and services enable highly efficient and sustainable manufacturing processes – mainly in the automotive industry and for producers of furniture and timber houses but also in sectors such as the chemical and pharmaceutical industries the company generated sales of €4.6 billion The Dürr Group has around 20,000 employees and 141 business locations in 33 countries the former divisions Paint and Final Assembly Systems and Application Technology were merged to form the new Automotive division the Dürr Group has been operating in the market with four divisions:   This publication has been prepared independently by Dürr AG/Dürr group It may contain statements which address such key issues as strategy competitive positions and product developments Such forward-looking statements are subject to a number of risks but not limited to those described in disclosures of Dürr AG in particular in the chapter “Risks” in the annual report of Dürr AG uncertainties and other factors materialize or should underlying expectations not occur or assumptions prove incorrect performances or achievements of the Dürr group may vary materially from those described in the relevant forward-looking statements These statements may be identified by words such as “expect,” “want,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning to update or revise its forward-looking statements regularly in light of developments which differ from those anticipated Stated competitive positions are based on management estimates supported by information provided by specialized external agencies You are using an outdated browser. Please upgrade your browser to improve your experience Connecting decision makers to a dynamic network of information Bloomberg quickly and accurately delivers business and financial information Versione italiana Italy halted all non-essential industry as it navigated the first major outbreak of Covid-19 outside of China With demand for electricity – and its wholesale price – already slumping it looked like a lean moment for the energy business But Roberto Bracco and his power-trading team at Repower AG had spent more than a decade deploying a trading pattern that raked in large sums even on the slowest days Bracco knew his company’s gas-powered generating plant might lose money if it sold electricity into Italy’s regular power market – known as the “day-ahead” because it’s settled a day in advance But he also knew the plant could stay out of that market entirely and perhaps do far better Whenever day-ahead trading fails to yield enough electricity for any particular area must fill the gap by buying power in an ancillary market that’s almost always more expensive had long held strong market power: It’s one of three power plants near Naples that are together crucial for keeping the region’s lights on Teverola disappeared from the day-ahead but offered electricity in the dispatch market at €490 per megawatt hour – roughly 18 times the average day-ahead price on that day Terna accepted Teverola’s offer for 24 hours straight and Repower brought in €1.88 million instead of the €100,840 available in day-ahead according to a Bloomberg News analysis of Italian electricity records What would have been a losing day in the regular market Terna then billed Italian businesses and consumers for all of it more than a dozen Italian power companies – including state-controlled Enel SpA the nation’s largest – deployed the same technique to get the same sort of premiums in the dispatch market There’s nothing illegal about this practice – and Repower and other producers defended it saying they had to avoid losses in the often-volatile and low-paying day-ahead market The day-ahead “has always been the primary market for the sale of the plant’s production,” Bracco said in a statement responding to a detailed list of questions sent to Repower “If and when the production was not sold on the energy market it was only because the margins would have been negative with insufficient revenues to cover the production costs.” Bloomberg’s analysis shows that roughly half of the time when companies collected a dispatch premium the day-ahead market would have been unprofitable – based on a widely accepted industry formula used to determine gas-fired power plants’ hourly generation costs The firms told Bloomberg that the cost-of-production formula doesn’t account for other expenses they face such as transporting gas or using fuel to warm up their plants Enel said its “total relevant costs” include “both variable and fixed management costs (for example operation depreciation and amortization as well as return on capital).” One of three gas plants operated by Tirreno Power It was awarded the most money of any plant in Italy it’s clear – from executives’ celebratory comments during earnings calls as well as simple mathematics – that the dispatch market’s higher prices helped companies do far better than merely avoiding losses dispatch premiums totaled €1.2 billion – or 238% more than companies would have received at the day-ahead price Bracco said he expected to do well in dispatch during lockdown but the magnitude of Repower’s 2020 profits surprised even him “It went above estimates,” the 53-year-old wearing a navy blue Lacoste tennis shirt and white-soled boat shoes said in an interview at Repower’s Milan offices Italian power authorities introduced an attempt at reform Terna now pays many producers an annual fee to guarantee supply while capping dispatch prices at levels linked to production costs Terna spent hundreds of millions more in 2022 via this new “capacity market” than it saved Italy’s experience – as reflected in the glimpse Repower provided into the rarely seen world of power trading – shows that such money-making maneuvers are neither new nor easy to fix Read more from Power Plays a series about the ways consumers lose on energy bills Long before Russia’s 2022 invasion of Ukraine sent energy prices soaring Italy’s dispatch market left consumers vulnerable to what regulators have called an electricity “game” that benefits firms with strong market power the dispatch market was intended to apply a competitive free market to the problem of providing enough electricity to fill all of Italy’s needs If traders can choose between one option that offers them tight margins and another that can make them huge sums it’s a sign that the market isn’t perfectly competitive Europe has failed to learn the Enron lesson infamously helped trigger rolling blackouts in California by manipulating its electricity market in 2000 which led to a series of regulatory changes prices and grid stability are hashed out simultaneously as part of the regular market and companies with few competitors face strict limits on what they can ask for a professor of energy policy at the Hertie School in Berlin But European regulators often still use two-step systems that separate the regular market from the tools that grid operators use to secure enough electricity to meet demand power firms can charge whatever the grid operator will pay And the grid operator will pay ever higher prices if the plant has too few competitors “You create perverse incentives for gaming” when these markets don’t operate on a “cost-based regulated basis,” Hirth said Bloomberg News is examining energy markets in Europe and elsewhere. Got a tip or a story to share? Get in touch with us at powerpricing@bloomberg.net more than a dozen Italian market participants schedulers and their counterparts at grid operator Terna described a system that provides lopsided advantages to energy suppliers Traders are like chess players who face the same When certain conditions arise – low demand maintenance issues – they can easily predict what Terna will do Bracco said “there has never been any arbitrage strategy” and noted that Terna decides whether the dispatch market is needed Dispatch is very different from the day-ahead “in terms of size and purpose and it is natural that very different prices can arise between the two.” Terna said in a statement that rising gas prices hampered its efforts to save consumers money via its new capacity market Without the new system – which also provides an incentive for companies to keep power plants online to maintain the network’s security – electricity inflation in Italy would have been even worse “The capacity market prevented the costs of the energy market from rising further.” These changes have taken years to accomplish Italian regulators had been expressing concerns about power companies’ use of the dispatch market for at least a decade Competition authorities investigated multiple firms over alleged abuses during that time One of the first was Repower and Roberto Bracco Energy supply in Italy flows freely in the north where power lines connect in every direction from Turin to Milan to Venice But the rest of the country follows narrow stretches of coast along either side of the mountains that run the length of the “boot,” with fewer generators to call upon Regulators identified these electricity generators as having strong market power in the areas they served In May 2010, a whistleblower wrote to Italy’s competition authority alleging that the firms running Naples’ three major power plants had formed “a cartel aimed at keeping the prices offered for electricity dispatching services high.” none of the three plants had been offering any energy in the day-ahead on Sundays documents from the competition authority’s investigation show That created a need for dispatch power — and in that market the three plants would rotate who made the winning offer the next Napoli Levante and the one after that Teverola The whistleblower alleged that the organizer of the “cartel” was the head of trading at Repower Italia Public documents don’t name any of the employees implicated in the probe but Bracco spoke openly about it with Bloomberg “It started with an anonymous letter,” he said and therefore it was probably someone inside Repower who sent the anonymous letter.” He denies colluding with competitors – though he acknowledges Repower became a frequent participant in the dispatch market under his leadership Repower initially sold its electricity almost exclusively in the day-ahead during hours of peak demand But margins tightened during the Great Recession in 2008 and 2009 demand dropped low enough to set prices below Teverola’s costs So Bracco’s team began dropping out of the day-ahead and offering only in dispatch “We kept the plant out if the plant was going to lose money,” he said Italy’s grid first began hooking up wind and solar plants which could undercut gas generators’ prices in the day-ahead But because wind and solar couldn’t turn on and off on command they couldn’t offer their power in dispatch Soon Repower was “principally” earning its money from dispatch investigators dug through emails and found references to contacts among the three companies a Repower employee emailed to ask Bracco what he had learned from the competitor according to the competition authority’s findings the competition authority delivered a ruling: The Naples trio had indeed operated as a cartel between April and August 2010 The authority called their Sunday trading pattern the “hat trick,” a reference to scoring three goals in a soccer match Napoli Levante’s owner Tirreno Power €116,097 and the company running Sparanise €80,389 Tirreno Power called the fine “a minor ‘symbolic’ penalty” and added that Italian regulators did not start “any further investigation” into the matter “therefore recognizing that it was not necessary to modify the market rules.” Sparanise’s owner and that Repower filed an ultimately fruitless appeal as an expression of its innocence the penalty was small compared with the damages that had been originally alleged Under Italian and European Union law, when any company’s market power is especially large, regulators can investigate whether it has engaged in “abuse of dominant position,” including by charging excessive prices. The Italian Competition Authority has wielded the law against drug makers and tech companies such as Alphabet Inc.’s Google the competition authority and the power regulator Investigators found that Enel and its competitors had helped spike the cost of dispatch in an isolated region in the heel of Italy’s boot that relies heavily on one of its power plants dispatch charges for the area around Brindisi were about €320 million higher than in the year before Enel kept its four-unit Brindisi Sud plant out of the day-ahead market on weekends Soon the region had daily power shortfalls Enel was there offering the same Brindisi Sud electricity for hefty sums “From that moment on the plant was ‘regulated,’ that is operating according to the established rules and remunerations with no more room for anti-competitive behavior,” Rome-based ARERA said in a statement to Bloomberg Enel collected far more in dispatch premiums than any other company a former government-run monopoly that’s now three-quarters owned by private shareholders said “the bidding behavior of a plant should be more properly evaluated by comparing its overall revenues with the total relevant costs.” When most power generators offer in dispatch they “have no way of being certain” that they will be accepted Despite the competition authority’s investigations most power plants – those that didn’t collude with one another and those that weren’t deemed “essential” – were still allowed to freely deploy the same technique: stay out of the day-ahead market then offer power at higher prices in the dispatch market to fill the holes they helped create Terna and ARERA continued looking for ways to bring costs down But they faced a looming danger: Traditional fuel-burning plants were being decommissioned as renewables grabbed market share leading to what Terna called a “strong reduction” in supply over the previous decade this threatened to put consumers at an “unacceptable” risk of blackouts and shortages That’s why Terna introduced its capacity market companies would bid for lump sum payments to guarantee that they would offer supply no matter what their dispatch market prices could never exceed a cap determined by the cost of production New plants coming online would get higher payments which encouraged firms to build new plants in addition to keeping old ones Terna held its first capacity auction to set each bidding company’s fees though the new setup wouldn’t go into effect until the start of 2022 Bracco said the new market seemed better suited to larger firms with more plants his firm’s trading approach hadn’t changed regardless of the decade-old collusion case When Teverola’s prospects in the day-ahead were poor – often on Sundays and other low-demand days – he and his traders kept the plant out a grim and defiant nightly ritual set in across Italy television stations broadcast the government’s announcement of daily death counts while city dwellers leaned out their windows and balconies to sing joining what was becoming a worldwide trend Terna had to go into the dispatch market more often The profits from dispatch would become “much Sunday was the only day of the week where the premium averaged more than half a million euros.. most days averaged more than €800,000 The €1.88 million haul came on a Sunday – March 22 the first day after the industrial lockdown announcement The ensuing Monday and Tuesday were almost as lucrative bringing in €1.6 million and €1.3 million respectively The three plants in the Naples cluster were all making money in the dispatch market ARERA noticed what was going on and warned in a report that summer that clusters of “pivotal” dispatch plants in southern Italy had collective market power that made their service areas “vulnerable” and could turn the dispatch market into “a game repeated infinite times.” ARERA said in a statement that its 2020 findings “immediately required Terna to take prompt action to make all the procedural changes to the market system.” To encourage Terna to make fixes it would receive a percentage of those savings as a bonus payout 2020 had become an unexpected boon for Italian power firms several pointed to dispatch income as a key reason why said it saved the company’s year: “In the face of a drastic general decrease in production the healthy results achieved are mainly attributable to the higher volumes of sales made on the Dispatching Services Market.” Tirreno Power said in a statement that Bloomberg’s reporting doesn’t take “account of what actually happened on the market at the time thus driving to fundamentally flawed conclusions.” With the pandemic’s low demand being largely satisfied by renewable electricity sources gas-fired generators were mainly needed in dispatch “This was an unprecedented and exceptional condition,” Tirreno Power said the firm pointed to how Teverola provided “balancing energy on a targeted basis once again making a substantial contribution to the good corporate results.” Yet for Italians who lost their livelihoods the arrangement meant their power bills didn’t drop noticeably even if they’d kept the lights off for months in their shuttered shops “We have all lived in a situation of crisis and enormous difficulty,” said Alessandra Durando who manages the finances for her husband’s vintage furnishings boutique “There’s someone who’s made a business out of this?” The Teverola plant sits far off a four-lane industrial road the plant’s operation and maintenance manager donned an orange hard hat to walk the grounds which are no larger than a couple football fields Gas flows into the plant through a pipe that enters a hangar-like building two turbines sit side by side making electricity a practically windowless space with an array of 14 computers security camera monitors and light blue walls serves as the control room One screen displays the production schedule while another shows the plant’s output in real time after Terna launched its new capacity market output for the dispatch market immediately crashed the dispatch market is practically dead,” Gentile said On most days in the past year, the power Teverola pumps out has been purchased in the regular day-ahead market. With the dispatch market withered, “the contribution to earnings made by Teverola was way below expectations and the results of previous years,” Repower said when announcing its 2022 results Repower’s Italian business broke even during the first half of 2023 ARERA said in a statement that its capacity incentives “drastically reduced” the problem of high dispatch costs “solving problems that arose and overcoming critical issues that had arisen in previous years.” the new system didn’t save consumers money The dispatch-related expenses that Terna charged to consumers fell by €508 million to €1.92 billion in 2022 But the new capacity market expenses went from zero to €1.2 billion That means that in its first year of operation the new system resulted in a net higher expense of €692 million which Terna passed on to Italians’ power bills Terna noted that the new price caps are tied to the cost of gas which increased significantly in 2022 and drove electricity prices far higher across Europe This cut into how much money could be saved on the dispatch market adding that improvements to its grid and trading strategies also helped cut dispatch costs But the capacity market is not a substitute for a deeper overhaul of the Italian energy market a professor of power systems at the Politecnico di Torino “In the long term you need something else,” including grid upgrades that allow wind power to be stored so it can support the network during times of stress the way gas-fired plants do Expenses fell enough for it to receive €334.7 million in bonuses last year under ARERA’s incentives for trimming dispatch-related costs They buoyed Terna’s bottom line 13.5% to €834.1 million Not all that profit went back into improving Italy’s electricity system The grid operator also boosted its dividend for shareholders by 8% to €632 million Though the government appoints Terna’s CEO the Italian state only owns 18% of the firm putting them in line for the rest of the annual payout About 10% indirectly belongs to the Chinese government Terna charged Italian businesses and residents on their monthly bills just as it did for dispatch costs during lockdown Bloomberg analyzed public data from Gestore dei Mercati Energetici, an Italian state-owned company that operates the country’s power markets. The GME publishes hourly transaction records across markets where electricity is offered and bid, including a regular day-ahead market (MGP) that meets most of the country’s power demand and an ancillary market (MSD) that helps Terna handle congestion on the grid and ensure supply and demand are balanced hourly energy blocks are traded for the day before the power is delivered The MGP market opens on the ninth day before the day of delivery and closes at 12pm the day before delivery The MSD market then opens the day before delivery at 12:55pm and closes at 5:00pm where power producers submit the price and quantity at which they are willing to generate electricity and consuming units submit the price and quantity at which they are willing to buy For each settlement hour and each zone of the grid a clearing price is determined by the intersection of demand and supply curves All the producers who offer a price at or below where the curves intersect Terna acts as the central counterparty and accepts offers directly from producers at the prices offered Prices in the MSD are often multiple times higher than in the MGP when there is congestion or insufficient power on the grid which can occur if producers oversupply or withhold power a publicly-traded company with both governmental and private shareholders then passes the MSD cost to consumers via a special “uplift” fee on their energy bills By comparing the prices and quantities electricity producers offered at each market Bloomberg found a pattern of withholding capacity in MGP and reaping multiple-times-higher prices in MSD To arrive at an estimate of the dispatch premium Bloomberg included only instances when a given producer sold zero power in MGP but then for the same settlement hour on the same delivery day Bloomberg subtracted the zonal MGP price from the MSD price awarded and then multiplied the difference by the quantity of energy awarded Bloomberg’s analysis did not include some other, more sophisticated forms of gaming, such as when generators buy back MGP commitments in the Intra-Day Market in some cases generators sold power below market prices in the MSD for technical reasons Bloomberg subtracted any potential losses in the MSD market from overall figures to arrive at a conservative estimate of dispatch premium To estimate a typical gas-powered generator’s marginal cost of production, Bloomberg considered the historical prices of natural gas and the cost of the European Union’s CO2 emission allowance, using Italian PSV Natural Gas Futures and EUA Futures data provided by the Intercontinental Exchange In consultation with traders and expert researchers in the field we arrived at the following formula that assumes production efficiency of 50% and a CO2 factor of 0.19 for natural-gas burning: Estimated Marginal Cost of Production = ((European Carbon Emission Allowance Futures) * 0.19 + Italian PSV Natural Gas Futures) * 2 Chinese mechanical engineering company LEAD has received a major order from Italian battery manufacturer FAAM The order includes the delivery of an end-of-line (EOL) for the new 8 GWh LFP factory Teverola 2 near Naples The end-of-line production steps are considered particularly important in cell production as this is where the cells are filled with the electrolyte and the decisive formation of the cell (the first charging) and the final inspection take place “The system is designed to meet the most stringent efficiency giving FAAM a strong competitive edge in the global battery market,” the Chinese company wrote the solution should help to reduce operating costs in the production section on several levels “advanced charging/discharging technologies’ are used to reduce energy consumption in the forming phase And thanks to LEAD’s “innovative negative pressure tray formation technology,” the required cleanroom space is said to be reduced by up to 90 per cent Not only does a smaller cleanroom reduce the initial investment but a smaller cleanroom also requires less energy to keep the climate conditions in the optimum range the intelligent thermal management system is intended to enable “accurate and stable temperature control for each battery cell throughout the formation process.” However, the Tervola 2 LFP cell factory is not only using production technology from China: a few weeks ago the operator FAAM (also known as FIB) ordered systems for large-scale production from the Swiss technology group Bühler This involves four continuous mixing lines for the production of electrode pastes The systems are to be installed by the end of 2025 leadintelligent.com FAAM – 150 million financing to the Seri Group for the expansion of the first Italian Gigafactory for the production of lithium cells and batteries with SACE guarantee 2025 – The pool financing of 150 million to the Seri Group for the expansion of the first Italian Gigafactory for the production of lithium cells and batteries has been finalized assisted by the Archimede guarantee of SACE the subsidiary FIB SpA of the Seri Group has already started the first plant in Italy for the production of lithium Modules Cells and Accumulators and the first in Europe by European companies The financing is intended to support part of the costs related to a broader investment program (Teverola 2 project) involving a significant expansion of the current plant recently started The Teverola 2 project is part of the European IPCEI Batteries 1 project which aims to support the creation of a European lithium-ion battery supply chain for a decarbonized economy that favors the energy transition the development of renewable energy and the reduction of emissions Batteries have been identified as a necessary enabling technology and the aim is to provide Europe with its own industry so as not to depend exclusively on supplies and supply chains from third countries The project envisages investments of approximately 505 million euros to be made through the incentives granted by the European Commission in the form of a contribution to expenditure The Gigafactory is being built in the same industrial area as the Teverola 1 plant covering a total of 265 thousand square meters where the Group has already started a highly innovative line for the development and production of LFP cells and modules for lithium batteries with an initial installed capacity of approximately 300 MWh/year for ESS The Gigafactory will have an estimated annual production capacity of around 8 GWh In order to promote the efficient management of natural resources and the development of circular economy processes the Teverola 2 project also includes the development of a pilot line for the recycling of exhausted lithium batteries and the recovery of active material the treatment of 50 t/day of end-of-life batteries is expected The aim is to replicate the business model of the lead battery segment thanks to the long experience of the Seri Group in the sector BNL BNP Paribas and CDP for the financing granted SACE for the guarantee issued and the advisors Legance in a difficult market and geopolitical context The support received from the main Italian and European banks and from CDP and SACE strengthens our belief that the banking system and the institutions must support Italian and European companies to promote their competitiveness and to reduce an evident technological gap the result of too wait-and-see industrial policies; we are witnessing an epochal phase of energy and industrial transition which risks overwhelming a production system that has not been able to adapt which it is useless to try to stop or postpone I would like to thank the people who made the operation possible because financial institutions and advisors are able to support companies and entrepreneurs when they are led by men and women who they have great professional and human skills” We are pleased to have contributed decisively to the success of this operation which will allow our country to have a high-tech production plant of a size that will help significantly reduce dependence on fossil fuels sustainable finance is essential to support the energy transition providing concrete solutions to accelerate the path of our customers and the communities in which we operate towards a more equitable and sustainable future” Supporting the growth plans of an important company like the Seri Group means for us to promote interventions aimed at sustainability innovation and green transition throughout the South “Projects that we continue to support to strengthen the entrepreneurial fabric of Campania through financial resources and tools to accompany local companies in their long-term investment choices A commitment certified by the data: last year we provided almost one billion euros in financing to Campania companies” “The synergy between our specializations and direct presence in the territory – stated Fulvio Egidi Head of Large Corporate and Structured Finance of BNL BNP Paribas – allows us to be particularly close to our clients and supporting operations of strategic and national value such as this one of the Seri Group accompanying investments in innovation capable of responding to the transitions and evolutions of the business This is also thanks to a transversal approach within the BNP Paribas Group” Head of Business Relations for Central and Southern Italy at CDP: This operation contributes to the creation of the first Italian Gigafactory by supporting the establishment of a European supply chain for lithium batteries “We are very pleased to have contributed to an initiative that represents a clear signal of how the realities of Southern Italy are an important resource for generating a positive impact both nationally and throughout Europe” We are proud to support such an innovative and crucial project for the energy transition of our country “Our Archimede guarantee helps make the construction of the first Italian Gigafactory possible a fundamental step towards autonomy in the production of lithium batteries Collaborating with the Seri Group and the main Italian and European banks demonstrates our commitment to a sustainable and circular economy This project embodies the vision of a greener and more independent future” FAAM the Italian Teverola-based manufacturer of energy storage systems said it will supply lithium-ion batteries made with LFP cells to a military submarine programme The journal Naval News reported this as a development project for Italy’s new submarine generation It said one of the primary focuses was on implementing a lithium battery system on board the submarines The system components prototype passed relevant performance and safety tests The industrial team today includes the FIB-FAAM company of Seri Industrial Group the Power4Future (P4F) joint-venture between Fincantieri SI and Faist Electronics Fincantieri’s Cetena and the TÜV Rheinland certification body International defence equipment body OCCAR (Organisation for Joint Armament Co-operation) said the move is strategic Director Joachim Sucker and programme committee representative said the decision to choose lithium reflects a move towards adopting more advanced and sustainable power storage solutions ready to be implemented in the wider underwater and surface naval scenario This technological switch shows Italy’s interest in investing in technology and in being at the forefront of maritime defence capabilities The lithium battery system test results envisaged greater operational efficiency simultaneously enhancing propulsion and endurance reducing maintenance and granting highest levels of on-board safety The system includes both the battery management system and the LiFePO4 battery modules The total number of vessels is estimated at four They would come with logistics and in-service support agreements a major investor in the Turkish renewable energy sector has signed an agreement for British engineering company Rolls-Royce to supply a 132MWh LFP battery energy storage system (BESS).. Lead Intelligent Equipment Signs Major Contract with FAAM to Deliver Advanced End-of-Line Lithium Battery Production Solution for 8 GWh Facility in Italy Lead Intelligent Equipment is proud to announce the signing of a major contract with FAAM – Energy Saving Battery to provide a state-of-the-art end-of-line (EOL) solution for FAAM’s new Teverola 2 facility near Naples The Teverola 2 plant will feature multiple high-efficiency lithium iron phosphate (LFP) battery production lines and is expected to reach a total annual production capacity of 8 gigawatt-hours (GWh) The new facility will play a pivotal role in advancing Europe’s battery manufacturing capabilities and supporting the EU’s green energy transition and sustainability goals LEAD’s comprehensive EOL solution will cover key stages of the production process The system is designed to meet the most stringent efficiency giving FAAM a strong competitive edge in the global battery market This partnership with FAAM represents another milestone in LEAD’s ongoing commitment to accelerating clean energy innovation and delivering smart integrated manufacturing solutions to the European market LEAD is helping to build a world-class facility that embodies the future of sustainable energy storage Lead Intelligent Equipment Signs Major Contract with FAAM to Deliver Advanced End-of-Line Lithium Battery Production Solution for 8 GWh Facility in Italy, source Plasmatreat – Plasma makes the difference in the production of high-performance batteries STEINHAGEN 2025 /PRNewswire/ — Plasmatreat’s Openair-Plasma is used to specifically clean.. Beyonder and Leclanché sign MoU to explore the possibility for cooperation on large-scale cell production in Germany Beyonder AS a leading battery technology company in Norway and Leclanché SA GM Surpasses Tesla in US Battery Production Capacity General Motors (GM GM achieved this milestone during its production.. We love meeting interesting people and making new friends.