Through partnerships with the U.S. Environmental Protection Agency’s Greenhouse Gas Reduction Fund, Community Development Financial Institutions, and New Markets Tax Credit allocators, we help storage developers secure the resources needed to deploy energy storage . .
Through partnerships with the U.S. Environmental Protection Agency’s Greenhouse Gas Reduction Fund, Community Development Financial Institutions, and New Markets Tax Credit allocators, we help storage developers secure the resources needed to deploy energy storage . .
Co-authored by Harry Brunt, a partner in our Energy and Infrastructure team, and Dan Roberts of Frontier Economics Introduction In this article we consider the role and application of battery energy storage systems (BESSs) in supporting renewable energy power generation and transmission systems and. .
Battery energy storage systems represent critical infrastructure for grid modernization, renewable energy integration, and climate resilience across the United States. As utilities, developers, and communities deploy storage facilities ranging from residential backup systems to utility-scale. .
The ability to store electricity that is produced by renewable energy projects is crucial to maximising efficient energy use and securing the UK's energy supply in the face of global upheaval, as well as accelerating the transition to net zero. Energy is generated intermittently by wind or solar. .
Battery energy storage systems (BESS) have emerged as critical infrastructure enabling renewable energy integration, grid stability, and peak capacity management. Global energy storage capacity additions exceeded 15 GW in 2024, with lithium-ion battery costs declining 90% over the past decade to. .
The Energy Transitions Commission estimated that achieving net-zero by 2050 would require an average annual investment of $3.5 trillion globally between 2021 and 2050. Consequently, sustaining progress toward a zero-emission society necessitates access to huge sums of capital and the full leverage. .
BESS can respond to real-time renewable energy fluctuation challenges through its fast response capability (congestion relief, frequency regulation, wholesale arbitrage, etc.). Simultaneously, it can generate, and release stored clean energy at any time when the wind is not flowing and the sun is.
