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14 December 20231 minute read

Monetisation of battery storage

Great Britain is one of the most mature markets globally in terms of the options available for owners of battery storage projects to make money. These include the Balancing Mechanism, Capacity Market, frequency response services and wholesale power arbitrage. This opens up great opportunities for companies to make money from storage, but also challenges them to find the right strategy.

In this episode, we look at how Great Britain has established itself as a leader in energy storage, how it compares to other markets, and what other countries can learn from the British example. The discussion also covers the challenges facing battery owners, including the availability of grid connections, off-takers and the batteries themselves; and how these affect the profitability of projects.

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