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Scaling Energy Storage

Scaling Energy Storage

Year Published

2024

Contributing Organisations

Article Six Group
E.ON
SEAGRASS
United Kingdom Government
United States Department of Energy

Type of Resource

Research/Insights Report

Languages

English

Relevant Topics

Core Topic
Climate Policy & Policy Engagement
Topic 2
Transition Finance
Topic 3
Carbon Markets & Carbon Finance

Target Audience

Asset Owners
Banks
Financial Services Providers
Governments & Policymakers
Project Developers

Relevant Geography

Global
Scaling Energy Storage

Resource Summary

This paper shows how governments can unlock investment for utility-scale energy storage. A central feature of this report is a flexible, data-driven financial model that helps policymakers and investors to examine how different policy choices affect battery profitability, emissions, and government budgets. Built on real-world data and adaptable to various scenarios, this model serves as a practical tool for conducting live cost-benefit analyses and testing policy ideas in real time. By enabling adjustments to key inputs—such as revenue sources, government incentives, and carbon pricing—the model offers valuable insights into how specific policies can shape the economics of energy storage projects in diverse settings.

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