November 14, 2023

Milbank and Voltility Host US Energy Storage Market Outlook 2024

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Milbank LLP and Voltility, a business intelligence and data platform for grid decarbonization and the zero-carbon hydrogen economy, will co-host Voltility’s US Energy Storage Market Outlook 2024 event on November 15, 2023. The annual event brings together leading US energy storage developers and investors to discuss key industry issues and assess opportunities and challenges for the year ahead.

Global Project, Energy and Infrastructure Finance partner Allan Marks will give opening remarks and will serve as panel chair for the discussion “California’s Canyon Curve and What It Means for Energy Storage.” The panel will discuss how load serving entities and developers are thinking about energy storage in California, the outlook for ancillary services and the resource adequacy market in California, whether energy storage assets with extended discharge durations attract a premium, and how EV charging may impact ramp rates and grid reliability.

Global Project, Energy and Infrastructure Finance partner Henry T. Scott and Global Corporate/M&A partner Javad Asghari are also serving as panel chairs. Mr. Scott will moderate the opening panel discussion, “Energy Storage After the Inflation Reduction Act – How Is the IRA Changing the Market?”, which will evaluate the impact of the IRA and how it has improved the outlook for energy storage across the US in 2023/24. Mr. Asghari will moderate “What Is the Correct Strategy for Energy Storage Development in 2024?”, which will feature a panel of experts discussing some of the main considerations in constructing a geographically diversified portfolio of energy storage assets.