Released in September 2023, this report by LCP Delta discusses the future of battery storage in the UK, underscoring its essential role in decarbonizing the electricity sector and supporting the energy transition. It identifies several lessons that must be learned to maximize storage returns in more stable markets. The report argues that battery asset owners and investors need to become more sophisticated when entering various markets. Owners should select the best optimizers to manage their assets, while investors should choose the right locations and configurations and set realistic returns expectations. It emphasizes the importance for industry players to understand the environment in which they operate and the challenges associated with future investments.

Keywords: Clean Tech, Market Sizing, Zero Net Energy, Battery Storage