No ‘Honeymoon Period’ for Energy Storage Deals

By [email protected] NEW YORK — Big power plant developers are increasingly convinced they should be investing in battery projects in the United States. The challenge is finding investments that will pay off.

After years of promise, energy storage is finally on the cusp of blossoming into a multi-gigawatt annual market in the U.S. But the industry’s rapid takeoff means there may not be a “honeymoon period” for investors like there was in the earlier days of wind and solar, developers say.

From PacifiCorp to NV Energy, a growing number of major American utilities are drawing up aggressive plans to add storage capacity. Even in

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