Key takeaways
Despite challenges in forging a mature market, grid-scale battery storage is the fastest growing section of the market, with fewer risks than EV markets
1
High up-front costs and hard-to-predict revenues can still make funding a challenge. Tying storage projects to renewable sites, agreements to pay down debt and robust offtake arrangements can help
2
While China dominates, the market is fast developing in the EU and US, with South Korea and Japan also prominent
3
Glossary
Key terms in battery markets
