Battery-storage innovators need longer grid-service contracts to match the 5-10 year payback three of their technologies and therefore secure financing, according to a survey by SmartestEnergy. The UK's National Grid Enhanced Frequency Response contracts are limited to a maximum of four years.
Battery-storage innovators need longer grid-service contracts to match the 5-10 year payback trajectory of their technologies and therefore secure financing, according to a survey by SmartestEnergy. The UK's National Grid Enhanced Frequency Response contracts are limited to a maximum of four years.