4: From Ancillary Services to Energy Trading

Storage market size will grow alongside renewables

Drag the graph to view more

Data: NG ESO Future energy systems scenarios. Dashed area indicates range of scenarios

Total capacity forecasted by the national grid future energy scenarios:

105GW
Offshore wind

75GW
Solar PV

40GW
Energy Storage

Storage has significant growth potential

Drag the graph to view more

Data: NG ESO Other flexible technologies include Biomass, BECCS, Hydrogen, CCS Gas

c.80GW

Total flexible technologies estimated to be required by 2050, according to FES.
Long duration batteries storage could contribute to this additional capacity requirement

“Expanding into energy storage complements NESF’s existing large portfolio of solar assets on a standalone and co-located basis and provides multiple diversification benefits for shareholders.” – Michael Bonte-Friedheim, Founding Partner and CEO, NextEnergy Group

Rapid transition from ancillary services to energy arbitrage

Drag the graph to view more

Data: Internal analysis derived from leading market forecasters