October 1, 2024

They claim that CfD contracts could be key to driving storage forward

by Emilia Lardizabal | Oct 1, 2024

Ángel Gómez Vallejo analyzes the sector and states: “For large-scale batteries to be built, a market model with long-term contracts ensuring a minimum income is necessary. I believe we are entering a dynamic where the market’s own competitiveness will likely make CfDs unnecessary for public funding, requiring only state support as a long-term offtaker.”