Energy storage companies are prohibited from entering

Energy storage companies are prohibited from entering

6 FAQs about [Energy storage companies are prohibited from entering]

Are there legal issues relating to energy storage?

As set out above, there are a wide variety of energy storage technologies and applications available. As a result, there are a number of legal issues to consider when it comes to energy storage projects. The relative importance of such issues will be informed by the specific project design and revenue stream requirements, such as double circuit connection.

Should energy storage be regulated?

A robust regulatory framework would reflect storage’s unique ability to act as generation and consumption and remove the need to pay end-user electricity consumption charges. The vast majority of countries do not have a specific subsidy regime.

Does energy storage need a regulatory framework?

Currently, no jurisdiction provides a comprehensive regulatory framework for energy storage. Instead, most jurisdictions define storage as 'generation' for licensing and other regulatory purposes.

How is energy storage currently defined?

Our review demonstrates that no jurisdiction currently provides a comprehensive regulatory framework for energy storage, with the majority of jurisdictions currently allowing storage to be defined as “generation” for the purposes of licensing and other regulatory requirements.

Which energy storage technologies are being installed?

As is evident from our survey, a range of energy storage projects have been installed or are due to be deployed in the majority of jurisdictions. While battery technologies are currently receiving the most attention, a range of technologies have been, and are due to be, installed, with pumped hydro storage being a notable example.

Who can benefit from energy storage?

Energy storage offers a range of opportunities for standalone developers, generators, network operators and consumers (ranging from large energy users through to domestic consumers) and other electricity sector participants. Storage is an increasing focus due to the range of benefits the various technologies can provide.

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