Great Britain is one of the most mature markets globally in terms of the options available for owners of battery storage projects to make money. These include the Balancing Mechanism, Capacity Market, frequency response services and wholesale power arbitrage. This opens up great opportunities for companies to make money from storage, but also challenges them to find the right strategy.

In this episode, we look at how Great Britain has established itself as a leader in energy storage, how it compares to other markets, and what other countries can learn from the British example. The discussion also covers the challenges facing battery owners, including the availability of grid connections, off-takers and the batteries themselves; and how these affect the profitability of projects.

Great Britain is one of the most mature markets globally in terms of the options available for owners of battery storage projects to make money. These include the Balancing Mechanism, Capacity Market, frequency response services and wholesale power arbitrage. This opens up great opportunities for companies to make money from storage, but also challenges them to find the right strategy.
In this episode, we look at how Great Britain has established itself as a leader in energy storage, how it compares to other markets, and what other countries can learn from the British example. The discussion also covers the challenges facing battery owners, including the availability of grid connections, off-takers and the batteries themselves; and how these affect the profitability of projects.

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The Climate Transition Podcast

Monetisation of battery storage

Carbon markets are pivotal in the global effort to reduce greenhouse gas emissions, with over 75 carbon pricing regimes worldwide. However, the voluntary markets have primarily driven project-based credits in recent years. As we approach COP29, the focus shifts to how these markets can be strengthened and expanded.


In this episode, we talk to Fenella Aouane, Director and Head of Carbon Pricing at the Global Green Growth Institute, about the role of compliance mechanisms, the impact of international agreements, and the challenges and opportunities in scaling carbon markets. Fenella shares insights from her extensive experience, including her work with governments to implement effective carbon pricing strategies and the potential of Article 6 to unlock new market opportunities.


Join us as we delve into the complexities of carbon markets, the expectations for COP29, and the innovative solutions being proposed to enhance global carbon trading systems.

Carbon markets are pivotal in the global effort to reduce greenhouse gas emissions, with over 75 carbon pricing regimes worldwide. However, the voluntary markets have primarily driven project-based credits in recent years. As we approach COP29, the focus shifts to how these markets can be strengthened and expanded.
 In this episode, we talk to Fenella Aouane, Director and Head of Carbon Pricing at the Global Green Growth Institute, about the role of compliance mechanisms, the impact of international agreements, and the challenges and opportunities in scaling carbon markets. Fenella shares insights from her extensive experience, including her work with governments to implement effective carbon pricing strategies and the potential of Article 6 to unlock new market opportunities.
 Join us as we delve into the complexities of carbon markets, the expectations for COP29, and the innovative solutions being proposed to enhance global carbon trading systems.

COP29 and Carbon Markets

More than 100 countries committed to triple global renewable energy capacity by 2030 at the COP28 conference in Dubai. But the rapid growth of renewables will exacerbate challenges that developers and manufacturers in the sector are already facing, such as supply chain constraints, permitting delays and rising costs of materials. This is in on top of risks caused by unprecedented extreme weather in regions globally; geopolitical risks; and the challenges associated with the new technology needed to accelerate the growth of renewables.

We talk to GCube Insurance about which risks have caused the biggest losses for renewable energy companies, and how they can be mitigated. We also talk about how the risk profile for renewables companies is likely to change as the sector grows and the world becomes more unpredictable; and how companies in the insurance sector are responding now and are likely to react in future.

More than 100 countries committed to triple global renewable energy capacity by 2030 at the COP28 conference in Dubai. But the rapid growth of renewables will exacerbate challenges that developers and manufacturers in the sector are already facing, such as supply chain constraints, permitting delays and rising costs of materials. This is in on top of risks caused by unprecedented extreme weather in regions globally; geopolitical risks; and the challenges associated with the new technology needed to accelerate the growth of renewables.   We talk to GCube Insurance about which risks have caused the biggest losses for renewable energy companies, and how they can be mitigated. We also talk about how the risk profile for renewables companies is likely to change as the sector grows and the world becomes more unpredictable; and how companies in the insurance sector are responding now and are likely to react in future.

Mitigating the storm - Insurers role in renewable energy risk management

Energy users have increasingly been using renewable energy certificates (RECs) to prove that the electricity they use comes from 'green' power sources. This includes REC schemes established at national and local levels; and other mechanisms, such as International Renewable Energy Certificates (I-RECs), that have increased use of this type of certification in other parts of the world.

We speak to Jared Braslawsky, managing director of the International Tracking Standard Foundation, about how the I-RECs market has grown and evolved since the organisation was founded in 2015. He shares his views on the successes and limitations of the current regime; how these types of certificates will evolve over the coming years, including with the growth of sustainable fuels; and the difference that certification can make to the energy transition.

Energy users have increasingly been using renewable energy certificates (RECs) to prove that the electricity they use comes from 'green' power sources. This includes REC schemes established at national and local levels; and other mechanisms, such as International Renewable Energy Certificates (I-RECs), that have increased use of this type of certification in other parts of the world.   We speak to Jared Braslawsky, managing director of the International Tracking Standard Foundation, about how the I-RECs market has grown and evolved since the organisation was founded in 2015. He shares his views on the successes and limitations of the current regime; how these types of certificates will evolve over the coming years, including with the growth of sustainable fuels; and the difference that certification can make to the energy transition.

Monetisation of battery storage

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