Battery Storage Funding Critical to Europe’s Energy Transition

This report was produced by KBRA, a member of IPFA. 

This report examines current funding methods for battery storage in mainland Europe and the UK, as well as the revenue streams and regulatory environment that underpin the sector’s transactions. While there is an emerging opportunity for battery storage to become an important technology in Europe’s renewable energy transition, the financial community faces challenges in funding the sector, and there are uncertainties regarding how it can achieve the requisite scale to meet its full potential.

In their view, there is a need for greater collaboration between sponsors developing the batteries, regulators and national policymakers setting renewable targets, and the financing community funding development. This cooperation is necessary for battery storage to be maximally useful amid profound shifts in how Europe and the UK source energy.