www.cornwall-insight.comwww.dlapiper.comInsight paperJune 2023Ready and waiting: Opportunities for energy storageInsight Paper | Ready and waiting: Opportunities for energy storage2Table of contentsThe authors 3Foreword by DLA Piper 4Executive summary 5Background to energy storage 8Revenue streams and routes to market 13Challenges for energy storage 20Future opportunities for energy storage 26Key considerations 34About Cornwall Insight 36Glossary 38DisclaimerWhile Cornwall Insight and DLA Piper consider the information and opinions given in this report and all other documentation are sound, all parties must rely upon their own skill and judgement when making use of it. Cornwall Insight and DLA Piper will not assume any liability to anyone for any loss or damage arising out of the provision of this report howsoever caused.The report makes use of information gathered from a variety of sources in the public domain and from confidential research that has not been subject to independent verification. No representation or warranty is given by Cornwall Insight or DLA Piper as to the accuracy or completeness of the information contained in this report.Cornwall Insight and DLA Piper make no warranties, whether express, implied, or statutory regarding or relating to the contents of this report and specifically disclaims all implied warranties, including, but not limited to, the implied warranties of merchantable quality and fitness for a particular purpose. The information provided in this paper is for information only, and does not constitute, nor should be construed as, investment advice, or a recommendation to buy, sell, or otherwise transact in any investment activity. Hence we will not be liable in respect to any dama...