A SmartestEnergy survey consulted 45 battery storage developers about the barriers they face to commercialisation in the run up to the announcement of the winners of the first 200MW Enhanced Frequency Response (EFR) auction on 26 August.
The survey shows that there is a great appetite and ambition to develop commercial battery storage. However, there is still significant uncertainty about how developers will be able to monetise their projects with the limited revenue streams currently available.