Energy storage is a key enabler of net zero emissions in the UK, but some unresolved challenges still make it a complex sector to navigate, as Antonia Silvestri and Gary Roscoe, partners at law firm TLT, explain.
Investment in energy storage in the US has gradually built up momentum, but what will really take it into the mainstream – and when? A panel of financiers discuss their opinions and experiences in this panel session.
In an interview with Energy-Storage.news, FlexGen CFO Yann Brandt talks us through the logical progression that he has taken from solar into energy storage and how he views the opportunities and challenges ahead.
This expert panel from the Energy Storage Summit 2021 brought together leading figures in the finance community to discuss the different financing and business models they’ve seen, and how they expect the market to evolve for energy storage in the UK.
In the first part of this interview with Swell Energy CEO Suleman Khan we heard about how Swell Energy has been working to ‘productise’ the virtual power plant proposition: making it attractive to utilities and to their end-customers and then wrapping that into a long-term agreement. This time out, we speak to Suleman about some of the finer details of the VPP proposition and where he thinks the market is heading.
The success of an auction for fast reserve grid services held by Italy’s transmission system operator (TSO) indicates a strong appetite for battery storage, but market rules and regulations need some revision to capture that opportunity.
There has been growing uptake in battery energy storage in Midwestern US states that have traditionally depended on burning coal for electricity, with some “very big projects planned,” an analyst has said.
It has yet to build its first project but Jupiter Power, a developer, owner and operator of utility-scale energy storage has claimed it will deploy 652MWh of battery storage during 2021, kicking off a 10GW development pipeline.
At first glance, renewable power generation has created, in the eyes of traditional industries, an investment nirvana. By understanding how these better-capitalised companies view renewables’ merchant risk, we can identify where future energy storage projects should seek finance partners, says Charles Lesser, a partner at Apricum – The Cleantech Advisory.