ESNL survey on funding: concerns about long-term earnings
Energy Storage NL conducted a survey on financial developments and needs in the energy storage sector during the event "How to finance energy storage. Some fifty respondents participated. In this website report, we explained the main findings.
Biggest concerns about long-term earnings
ESNL members were asked what problems they experience around obtaining financing. The majority of participants indicated that uncertainty around long-term revenues in the various earning markets is the biggest problem in obtaining financing. In addition, participants indicate that the level and uncertainty around transmission tariffs lead to major problems. Rise in other costs (7%), lack of clarity around contracts and fees customers (5%), lack of subsidies (2%) and commitment financial institutions (2%) are given as other reasons.
Financial position largely companies improved
The financial position of the surveyed companies compared to the previous year has largely remained the same (40%) or improved (36%). 7% indicate that the financial position improved extremely. 17% indicates that it has worsened.
Around funding needs, 36% percent are concerned about short-term funding (within now and 2 years), 27% around medium-term funding (2-8 years) and 4% around long-term funding (4%).
Financing of companies in the current situation consists mostly of equity (91%), followed by bank financing (23%) and private equity and grants (both 11%). Future financing needs are mainly from banks (53%), government (33%) and leasing opportunities (25%).
ESNL market research: investment attractiveness
Energy Storage NL also previously examined the investment attractiveness in the Netherlands compared to other European countries in its Market Survey 2024. This revealed that the investment climate for energy storage from the perspective of private investors in different European countries is diverse.
Investors are most interested in investing in Germany (50%), followed by the United Kingdom at 45% and the Netherlands at 29%. Spain comes next with 21%, followed by Italy and Ireland, both at 19%. Denmark, Belgium, and Austria each have 17%, while Sweden and Portugal each reach 14%. France and Finland each score 10%, and Switzerland, Slovakia, and Norway share 7%.
From the ESNL survey, it appears that the investment attractiveness of different regions varies quite a bit between technology groups. In general, the Netherlands scores well, with the exception of the thermal sector.
The entire market research is here download.
