The Need for Rapid Energy Storage Deployment

The energy storage market needs to grow rapidly to achieve an orderly energy transition. While regulatory support and economic viability are in place, the current pace and scale of deployment hinder this transition. The risk profile of storage assets poses a challenge to attracting infrastructure investors who have invested heavily in renewable generation. The expectation of storage deployment fails to consider the risk appetite of investors, which is crucial for building the required storage capacity. More efficient risk management strategies are needed to appeal to low-risk investors.