What is the Right Way to Go About Procuring Long-Term Energy Storage in European Markets?

Synopsis

Things are starting to heat up across Europe, with countries like Italy or the Republic of Ireland going down the route of procurement support mechanisms and capacity market schemes, whereas countries like Germany or the Netherlands are predicted to remain very merchant-led. How are different European markets approaching the urgent need to procure long-term energy storage to support grid infrastructure and drive deployment of renewables? Which is the best way to do it, and make sure that the storage assets will last the test of time? This session will take into consideration things like:

• If you invest in markets which are tender-led, what issues might you come up against later in the construction phase?
• How long can government-led support mechanisms be expected to prop up markets?
• In arbitrage and merchant markets, what are main concerns and how can you tackle them?
• How much risk should you really take on when investing in merchant markets?