The global capacity of storage technologies (excluding pumped hydro) has increased by factor of nine in the past decade.
In this Spark – Energy Insight Is Battery Storage Commercially Viable in the UK Today? FTI Intelligence assesses the commercial viability of battery storage in the UK today and finds that the market is on the edge of breakeven on a cash cost basis. Asset owners are, however, unlikely to be factoring an adequate rate of return on their capital. Instead, owners are likely to be making strategic investments in the hope of gaining future advantage in the battery storage market through operational knowledge acquisition.Back to Research