The energy storage industry is not a completely new industry and there have been short lived booms before. The difference now is that developments are not being led solely by the suppliers, inventors and VC investors but by the buyers and users. Large utilities and retailers are supporting the roll-out of energy storage devices and governments are looking to kick start the industry in the same way as they fostered solar and wind power generation. Consumers are demanding more options. Expert commentators like Navigant Research estimate that energy storage will be a US$50 billion global industry by 2020 with an installed capacity of over 21 Gigawatts in 2024.
There are many issues to consider when developing and financing energy storage projects, whether on a standalone or integrated basis. The materials available on this page highlight market trends, new developments alongside some of the regulatory considerations and trends we believe utilities, developers and financiers should take into account in assessing energy storage projects.
Energy storage updaters
- Energy storage updater – March 2019
- Energy storage updater - October 2018
- Energy storage updater - June 2018
- Energy storage updater - February 2018
- Energy storage updater - September 2017
- Energy storage updater - June 2017
- Energy storage updater - February 2017
- Energy storage updater - September 2016
- Energy storage updater - June 2016
- Energy storage updater - February 2016
- Scaling up energy storage in Great Britain: Progress on change
- Securing sustainable energy independence for the Greek islands: the role of storage
- Is Germany finally adopting battery storage solutions?
- Falling battery storage costs fuel opportunities for renewables investment in Africa
- Financing energy storage projects assessing risks - Part 2
- Financing energy storage projects assessing risks - Part 1
- Scaling up energy storage in the UK
- Energy Storage Projects: a global overview of trends and developments
- Norton Rose Fulbright advises on largest UK energy storage portfolio transaction for a single technology provider to date
- Norton Rose Fulbright advises lenders on US23bn financing for Southland repowering project
- Norton Rose Fulbright acts for Conergy in Australian-first solar and battery storage deal
Open banking around the world
The UK continues to be the global pioneer in Open Banking through the implementation of the EU Payment services Directive (PSD2) and the open banking initiative by the Competition and Markets Authority (CMA).