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Experts from LCP, Apricum and law firm CMS look at the development of financing and investment in UK battery storage.

While we’re waiting to get started up for what looks like being a busier year than ever in 2022, let’s look back as we reveal the most-read blogs and features for 2021.

Consultant What are the best ways to match up long-duration energy storage technologies to applications and revenues? And what is ‘longer-duration’ storage and when will we need it? Florian Mayr and Dr Fabio Oldenburg at Apricum - The Cleantech Advisory offer some perspectives. This is a short extract of an article which originally appeared in Vol.26 of PV Tech Power, our quarterly journal and can be found in the Storage & Smart Power section contributed to each edition by the team at Energy-Storage.news.  Between five and more than 1,000 hours of energy discharge – that’s what the t...

IHS Markit: Global Investment in Renewables to Bounce Back in Coming Year to Pre-COVID Levels Global capex spending on renewables is poised to bounce back in 2021, rising 8.5% to $255 billion—in line with 2019 levels, according to Roger Diwan, vice president, financial services and the IHS Markit Energy Advisory Service. Annual spending is expected to remain at those levels through 2025. This adds up to a $1.3 trillion cumulative 2021-2025 spend—a 9% increase over cumulative capex in 2015-2019. At the same time, sharply declining capital costs across renewable technologies mean that just ...

Dec 29, 2020 Global capex spending on renewables is poised to bounce back in 2021, rising 8,5% to $255-billion – in line with 2019 levels. According to Roger Diwan, vice president: financial services and the IHS Markit Energy Advisory Service, annual spending is expected to remain at those levels through 2025. This adds up to a $1,3-trillion cumulative 2021-2025 spend – a 9% increase over cumulative capex in 2015-2019. At the same time, sharply declining capital costs across renewable technologies mean that just a 9% increase in spending will be associated with a 45% increase in cumulativ...