The intermediary fee for grid-side energy storage systems encompasses costs associated with managing, facilitating, and implementing the integration of energy storage solutions into existing grid infrastructures.
The global energy storage market is poised to hit new heights yet again in 2025. Despite policy changes and uncertainty in the world's two largest markets, the US and China, the sector continues to grow as developers push forward with larger and larger utility-scale projects.
Ofgem has now confirmed 77 are eligible to move forward, covering a range of technologies including lithium-ion and flow batteries, as well as pumped hydro systems that use stored water to generate electricity on demand.
Private equity investments allow for substantial capital influx, while government support can significantly lower operational costs. Additionally, debt financing provides a way to leverage future earnings to fund immediate requirements.
The total pipeline of battery energy storage system (BESS) projects stands at 92GWh, increasing by 74GWh (from just 19GWh in 2024), while the pumped storage projects (PSP, or pumped hydro energy storage - PHES) pipeline stands at 132GWh, up from just 50GWh that.
This comprehensive guide walks developers through the entire process, includes a step-by-step checklist, and highlights common pitfalls to avoid so you deliver solar and energy storage projects on time and on budget.
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