Are energy storage projects an increasingly attractive investment?

By Paul Dvorak This article comes from consulting firm Ashfords LLP and is authored by Jonathan Croley. It first appeared in Renewable Energy Focus.
The results of the National Grid’s Enhanced Frequency Response (EFR) tender published in August 2016 have come to be seen as something of a pivotal moment for the fortunes of energy storage in the UK – especially for battery technology.
Jonathan Croley
The statistics will be familiar to many: 61 of the 64 EFR bids related to the use of battery storage, offering over 4,311 MW of capacity, and battery solutions dominated the 200MW of capacity accepted by the National Grid.

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