Haynes Boone London office Partner Conrad Purcell and Jemma Couchman, a partner at Cameron Barney, hosted a webinar discussing the following topics:
- Why there has been a growth of battery storage projects in the UK when it used to be a niche market, inclusive of the route to market, the revenue streams and technology impacting the reduction in cost, and the change in the regulatory landscape.
- Whether there has been an increase in mergers and acquisition activity or project finance following the growth of battery storage projects.
- The long-term contracted revenue streams under offtake agreements and the maturity of technology and the role they have played.
- How the market will evolve over the next 12-24 months as we emerge from the pandemic, inclusive of the risk of market saturation, the benefits for equity return, and likely mergers and acquisition activity longer term.