Four factors to guide investment in battery storage


EY’s most recent article is a summary of the 63rd edition of the Renewable Energy Country Attractiveness Index and it highlights the following:

  • An expanding role for battery energy storage systems (BESS) in a more volatile grid is seeing demand and investment opportunities soar.
  • EY’s new ranking of the top global markets for BESS investment can guide strategies, and four factors can help potential investors frame their approach.
  • The US, China Mainland and Germany take the top three spots in RECAI 63. But investment in clean energy will need to accelerate to meet COP28 goals.

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