Tracking the PVEP business model in the US

Commissioned at the start of this year, the Alamitos Battery Energy Storage System in California is a landmark project for the industry in having competed against natural gas to provide peaking capacity for the grid. Andy Colthorpe finds out the project’s backstory from Fluence’s Ray Hohenstein and AES’ Mark Miller.

What do Ireland, Germany, Poland and Spain all have in common? Well, like the other members of the European Union they all have a requirement to decarbonise and a desire for sustainable economic growth. Andy Colthorpe speaks with energy storage associations from those four countries to hear about their unique situations as well as the opportunities and challenges they share.

Battery storage is flexible, remarkable — and investable — but you need to know what you’re doing and know where the market opportunities and limits lie. Renewable and clean energy financier Laurent Segalen from Megawatt-X explains some of the things he’s seen as batteries have become an infrastructure asset in their own right.

Battery storage deployments, both with and without solar, have been in a new growth phase that has smashed quarterly records consistently while costs have continued to fall. Nonetheless, the maturity of the industry is not always reflected in the information available to financial decision-makers, writes Adam Walters from Stoel Rives LLP.

As special purpose acquisition companies, or SPACs, prove a popular route to public markets for private energy businesses in the US, Fieldfisher’s Jack Mason-Jebb and Brad Isaac consider whether the trend has enough momentum to take it across the Atlantic.

The broader decarbonisation agenda is driving interest from businesses in procuring renewable power, and now a whole host of solutions and market structures are coming forward to accommodate them. Edith Hancock explores the maturation of corporate power purchase agreements.