Could Battery Storage Be Your Next Investment?

I have read with interest EY's latest report on the investment opportunities in battery storage technologies. This report is one of many I have seen that highlights that perhaps the focus for achieving net zero in a number of countries already needs to be energy storage rather than energy production.

We already have an abundance of different technologies for generating renewable electricity. Furthermore, many countries have already extensively deployed these systems to a sufficient extent that their power grids are powered by a greater amount of renewable energy than carbon-based energy, or even exclusively by renewable energy when the conditions are right. For example, according to a report from 2023, Norway is already achieving over 98% of its power demand from renewable solutions, Brazil and New Zealand are closing in on 90%, Columbia is at 75%, and Canada and Sweden are at 68%. Furthermore, these numbers improve every year!