Ben Irons shares Habitat Energy views on merchant opportunity at Energy Storage Summit 2020

The UK energy storage sector is forging ahead after a landmark year in 2019 which saw maturing business models further the asset class’ role in the country’s energy system.

That was the sentiment expressed by a panel discussion on the sourcing of equity for battery storage featuring asset owners and operators at Solar Media’s Energy Storage Summit, led by Eelpower chief Mark Simon who described 2019 as “Year Zero” for the nascent battery storage market.

Simon’s view was echoed by Ben Guest, head of new energy at listed storage fund Gresham House, who said that investors had grown comfortable with business models surrounding energy storage assets, driven by returns improving on the back of an increasing number of markets to participate in. Read more…