The questions below are geared toward existing building upgrades. If it is a new construction project there may be more financing options, as well as the ability to combine financing
The next big challenge for energy storage, after bringing down the cost so that storage is economic and finding a suitable business model, is financing.
The scheme aims to decrease the Czech electricity system''s dependence on fossil fuel imports while enabling the seamless integration of renewable energy sources into the energy mix. It is funded entirely through the
By enabling greater shares of renewables in the power system and shifting electricity supply to when it''s most needed, batteries will help advance progress on the goals set at COP28. These
The revenue strategies project sponsors (also referred to as project owners) can pursue for their battery energy storage systems (BESS) projects. Financing structure options for standalone
The European Commission on Monday greenlit a new aid scheme to enable Spain to deploy large-scale energy storage with co-financing of up to 85%.
Beyond 2030, previous energy modelling has shown that a later lignite phase-out, and hence slower development of RES capacity, leads to greater import dependence, as cheaper
This event will bring together key stakeholders from across the region to explore the latest trends in energy storage, with a focus on the increasing integration of energy storage into regional grids, evolving
The International Energy Agency (IEA) regularly conducts in-depth peer reviews of the energy policies of its member countries. This process supports energy policy development and encourages the exchange of
The financing mechanisms for onsite renewable generation, energy storage, and energy eficiency projects include a spectrum of options ranging from traditional to specialized.
EU approves €279 million state aid for storage rollout in Czechia The European Commission has given the go-ahead to a scheme in Czechia that will support the deployment of 1.5GWh of
The company has recently expanded its activities by developing energy storage solutions, offering investors turnkey options for continuous renewable electricity generation
35 Leading Residential Energy Storage Companies Shaping the Future: Market Leaders & Competitive Analysis for 2025–2030 Explore the dynamic landscape of residential energy
Battery energy storage systems represent a keystone for the transition towards a more sustainable energy generation and utilisation. Despite the value and advantages that they offer to enhance grid reliability and stability
Battery energy storage systems can address the challenge of intermittent renewable energy. But innovative financial models are needed to encourage deployment.
-How to track climate finance in industry sector? -How to incorporate the EU taxonomy in the climate tracking while respecting the country specifics? -How much investment is "enough"?
Energy Storage Financing The Energy Storage Financing study series is an outreach effort to the financial industry to help reduce and mitigate the risk of investing in energy storage
The main energy storage method in the EU is by far ''pumped hydro'' storage, but battery storage projects are rising. A variety of new technologies to store energy are also
I. Executive Summary Renewable energy systems have been gaining momentum across MENA countries, driven by ambitious national energy targets, technology cost declines, and
Driven by the goal of energy transformation, Spain''s energy storage industry is full of potential, with continuous technological innovation and progress. The government has given strong support in terms of funds and policies, and the
In an announcement released on March 7, 2025, the executive arm of the European Union said that the Czech scheme will support the installation of at least 1.5 GWh of new electricity storage facilities.
Did you know 43% of renewable energy developers abandoned energy storage projects in 2023 due to financing hurdles? The global energy transition requires 387 GW of new storage
The energy storage market is exploding faster than a poorly maintained lithium battery (too soon?). With global energy storage capacity projected to hit 741 GW by 2030 [2] [10],
Energy storage is a crucial technology to provide the necessary flexibility, stability, and reliability for the energy system of the future. System flexibility is particularly needed in the EU''s
A 2025 Update on Utility-Scale Energy Storage Procurements Addressing Tariffs and Trade in Energy Storage Projects The State of Play for Energy Storage Tax Credits Energy Storage Investments The Project
Battery Energy Storage Systems (BESS) are key to integrating variable renewable energy sources like solar and wind. This report examines the factors influencing
30 GW of offshore wind power by 2030) and photo-voltaics (PV) (target: 215 GW by 2030). Electricity storage has an important role to play in this, both for energy storage as such and
Site acquisition For energy storage projects, there are two potential options for site acquisition in Poland. Firstly, the potential investor may acquire ownership of the property on which the planned project will be sited.
Battery energy storage systems can address the challenge of intermittent renewable energy. But innovative financial models are needed to encourage deployment.
Green Hydrogen Vision The Czech Republic envisions green hydrogen as a cornerstone of its transition to a low-carbon economy, aligning with its climate neutrality and energy security
At the same time, stakeholder and regulatory pressure encouraged Czech organisations to invest in renewable power. There are several EU incentives to spur the growth of onsite generation. For example, the Modernisation Fund supports investments in energy efficiency, storage, network upgrades and the re-skilling of workers.
The subsidy increases to cover up to 75% of costs for community projects. But what we noticed at Wattstor is that Czech businesses are investing in renewable projects even in the absence of subsidies, because they have realised the strong business case for generating clean energy on site.
With coal dominating the energy mix, the Czech Republic has traditionally enjoyed low electricity prices and a steady supply of domestic fuel. However, the recent energy crisis, together with pressure from stakeholders and regulatory bodies to decarbonise, has triggered an unprecedented shift in the country’s energy market.
The high penetration of renewable generation projects in the region could deliver a large amount of clean energy and really accelerate the journey to net zero, but at the moment Czech companies are not in a position to reap the full benefits of solar and other renewable energy sources. To do so, battery storage will be essential.
There is a huge potential for solar installations, with ideal climate conditions and substantial funding coming from the EU. The situation is similar in other areas of Central and Eastern Europe, where Wattstor has already completed a number of successful renewable energy installations – such as Poland, Croatia and Slovakia.
