Are long-duration energy storage technologies cheaper than lithium-ion batteries?

BloombergNEF (BNEF)’s inaugural Long-Duration Energy Storage Cost Survey shows that while most long-duration energy storage technologies are still early-stage and costly compared to lithium-ion batteries, some have already or are set to achieve lower costs for longer durations.

Are battery storage trusts facing revenue uncertainty?

In the meantime, battery storage trusts face revenue uncertainty. Gresham recently marked down its NAV per share by 15 per cent to reflect lower forecasts. The focus has turned to cash preservation: both Gresham and Harmony earlier this year suspended their dividends. Sensibly, both are trying to increase income from contracts.

Are battery storage funds a good investment?

Battery storage funds, though, trade at bigger discounts to diversified peers. This can be explained by their greater reliance on market prices than, say, offshore wind developers. The latter seek government contracts that guarantee a price per unit generated to cover a good slug of expected output.

Why do battery storage companies'skip' batteries?

Battery storage developers also complain that Britain’s electricity system operator frequently “skips” batteries and calls on more expensive gas-fired power stations when there is insufficient renewable generation. The ESO admits this does happen — and blames ageing computer systems.