Program
Battery Business & Development Forum

Investments in battery energy storage come from a wide spectrum of capital sources, and understanding who’s backing these assets is essential to grasping the evolving landscape. In this session, you’ll gain insights into how institutional investors assess opportunities and manage risks across major markets. You’ll also learn how regional players – including family offices, local banks, and private equity providers – are financing smaller-scale projects or co-investing alongside developers. Key focus areas include gaining investor visibility, identifying routes to market for BESS assets, and understanding what project criteria are essential now – and will be for future financing. 

This session will explore Europe’s most lucrative markets for battery energy storage and the diverse routes to market available. From fully merchant operations to partially contracted revenues through capacity market procurements and rigid tolling agreements, there are multiple ways to commercialize battery storage assets. We will examine the advantages and drawbacks of these options and assess their viability across different European markets. Additionally, the session will address the evolving landscape of monetization pathways, highlighting how the emergence or disappearance of certain revenue streams could reshape the economics of operating projects. 

Securing timely and unconstrained grid connections has emerged as one of the most critical challenges for advancing battery storage projects in Germany. This session brings together leading grid operators and BESS developers to examine the current landscape of grid connection approvals, the evolving AgNeS process, and the potential impact of upcoming tariff reforms on project timelines and investment certainty. Participants will also discuss how the Baukostenzuschuss (BKZ) affects project economics, how it influences financial viability, and which practical strategies and workarounds developers are currently employing to manage these costs and accelerate deployment. 

Banks are increasingly backing battery energy storage systems. However, as batteries are often held back by complex regulatory frameworks, accessing non-recourse financing remains challenging. Developing a credit solution is difficult due to the constantly evolving nature of the BESS revenue stack, with bankers holding varied perspectives on lending conditions, market risks, and technical guarantees. This session will explore how banks evaluate different routes to market and provide insights into the progress of merchant bankability compared to the growing reliance on tolling agreements and contractual hedges, both now and in the years to come.

Representatives from the EU and industry associations will discuss Europe’s upcoming regulatory priorities and market design for battery storage. The session explores how EU strategies - under all relevant policy frameworks, including a dedicated Energy Storage Strategy under preparation — aim to scale storage deployment, strengthen flexibility markets, and accelerate integration into a resilient, renewables-based power system across EU member states.

Grid-forming batteries are set to redefine resilience. This session outlines where grid service markets are established or emerging – e.g. Germany from 2026 and beyond, and other mandatory markets -- and how they enhance system stability. Experts explore the role of grid services in strengthening energy systems – providing a market outlook as well as technology insights on implementation pathways for power electronics and system-level solutions for future-proof grid operations.

From the UK to Italy and Bulgaria, this session highlights the policies, business models, and financing strategies powering Europe’s most dynamic storage markets. Hear from developers and policymakers about how local regulation, price signals and grid strategies foster deployment, what lessons can be learned from mature markets, and where new growth opportunities are emerging across the continent.

As Europe rapidly expands its battery storage fleet, supply chain security becomes essential. This session compares European and global manufacturing standards, mapping who produces what and where. The session will assess how EU legislation, like NZIA, ESG reporting, and the Cyber Resilience Act, affect sourcing choices. Developers and investors gain guidance on ensuring product quality, compliance, and transparency across supply chains.

Dive into a hands-on, interactive workshop where developers, equity investors, banks, and market analysts co-create a financing plan for a hypothetical battery energy storage project, using Germany as a practical example. The session tackles the core question: how to reach price agreements in today’s storage landscape. Participants will test revenue stacks and financing structures against real market benchmarks, including concrete revenue calculations. The audience plays an active role, discussing alternative structures linked to real project examples, while opening insights provide a comparative look at optimizer quality. This workshop offers practical tools, actionable insights, and a deep dive into financing storage projects in Europe today. 

Building a strong domestic battery manufacturing base is critical to Europe’s energy autonomy. This session unpacks EU policies such as NZIA, CISAF and EU-made bonuses, addressing competitiveness, skills, and raw material challenges. Battery manufacturers and policymakers share insights on needs, targets, project designation and lessons learned at home and from Asia and the U.S., outlining potential pathways to bankability and industrial strength.

Ensuring high standards under cost pressure remains a top priority to enable smooth growth and operations of BESS projects in Europe. This session addresses safety and product standards across the storage value chain, due diligence for compliance and investor assurance, and circularity through recycling of critical raw materials. Experts also examine the EU Cyber Resilience Act’s impact -- particularly for projects using non-European backend systems -- and how developers can mitigate related risks.

With grid connection bottlenecks worsening, co-location is poised for unprecedented growth – offering a major opportunity to enhance the value of generated electricity. This will become even more critical as the current grid fee exemption for storage is expected to phase out after 2029. In this session, we will explore the wide range of emerging business models in Germany. By April, the next Renewable Energy Sources Act (EEG) reform will have taken shape, and we will discuss its implications for storage in tendered projects under the new support framework. We will also examine the economics and financing of renewable-only storage, merchant models, and hybrid PV + storage PPAs. The session will highlight different structuring options and shed light on how banks, technology providers, and offtakers evaluate the opportunities and risks of these evolving models. 

Experience has shown that future-proof project design is essential for battery storage. As the market matures, some revenue streams will diminish while new opportunities emerge, requiring developers to design assets with built-in flexibility – ready to adapt to evolving market dynamics and grid needs. This session explores system design strategies, highlighting how technical choices shape long-term value. Speakers will also examine the challenges of augmenting and retrofitting existing PV systems with battery storage. The discussion will further evaluate the commercial potential of multi-market systems and consider strategies for balancing capital investment with operational efficiency.