What Does a Bankable Route-to-Market Strategy for Battery Storage in Europe Actually Look Like?

What does a bankable route-to-market strategy for battery storage in Europe actually look like?

With technology risk now largely removed from the equation, assessing how a battery storage project will perform across market opportunities is now the main object of financiers’ scrutiny, writes Ryan Alexander of enspired.

Britain’s battery storage market faces a critical investment test

Britain’s battery storage market is expanding quickly. Installed capacity has tripled in three years and is now close to 7 GW. That gives batteries more headline discharge capacity than the country’s nuclear fleet, although the two technologies serve different roles. Most batteries can supply electricity for between one and four hours before they need to recharge. Nuclear plants can generate continuously. The comparison therefore highlights spee…