Great article from WoodMac;
“Nevertheless, these developments have shifted the minds of global regulators, policy makers, grid operators, asset operators and developers, in terms of how energy systems can be balanced. Market structures have generally struggled to keep up with the pace of this technology, illustrated by the limited number of revenue streams available to appropriately compensate storage. More than half of the GWh during this period came online in 2018 alone, beckoning an inflection in storage demand.”
https://www.woodmac.com/press-releases/global-storage-market-to-grow-from-12-gwh-to-158-gwh-by-2024/
re:Lithium demand surge, page-1863
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