Research on investment decision-making of energy storage power station
In view of configuring energy storage power station (ESPS) in industrial and commercial enterprise (I&C), this paper discusses the agent of the government''s incentives
While energy storage is already being deployed to support grids across major power markets, new McKinsey analysis suggests investors often underestimate the value of energy storage in their business cases.
According to BloombergNEF (BNEF), more than $262 billion of investment will be needed for stationary energy storage by 2030. BNEF's 2021 Global Energy Storage Outlook projects significant growth in this sector, with Yayoi Sekine, the firm's head of decentralized energy, stating that 'this is the energy storage decade'.
The revenue potential of energy storage is often undervalued. Investors could adjust their evaluation approach to get a true estimate—improving profitability and supporting sustainability goals.
Capacity payments—awarded through competitive auctions—are the most common form of incentive, remunerating installed capacity to secure sufficient power supply for the system. New schemes are emerging as more countries offer incentives for storage deployment to support the energy transition.
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