CORDIS Project
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This project investigates the economic dynamics of large-scale energy storage systems in relation to renewable energy deployment. It aims to understand potential market cannibalisation effects and develop policy recommendations to align private investment incentives with public goals for achieving net zero emissions by…
Up to $3 trillion must be invested in large-scale energy storage (LES) to deal with the intermittency of renewable energy and achieve net zero by 2050.
Yet, critical questions remain open: 1) Will this substantial investment in LES cannibalise its own market? 2) Even if profitable, does the self-interest of private storage investors align with the public goal of achieving net zero?
If not, what incentive schemes can be designed to address these two problems?
How will these problems evolve from…
UNIVERSITA COMMERCIALE LUIGI BOCCONI
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