Policy certainty drives APAC battery storage investment decisions, says Banpu NEXT executive
By
George Heynes
12d ago· 4 min readenInsight
Summary
Colin Koon Peng Ho of Banpu NEXT explains that policy certainty and stable regulatory frameworks have become the top priority for battery energy storage system (BESS) investments in the Asia-Pacific region, surpassing cost considerations. Mature markets with established liberalised environments, such as Japan, continue to attract the most capital. Japan's OCCTO recently selected 19 BESS projects totalling 1,251MW in its third long-term decarbonisation auction, highlighting the importance of clear policy signals in driving investment decisions.
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Key quotes
· 2 pulledFrom that perspective, it's usually the case that the more developed markets with a track record of stable and well-developed liberalised market environments are typically the most attractive destinations for BESS investments.
Policy certainty takes priority in APAC battery storage investment decisions.
Colin Koon Peng Ho of Banpu NEXT explains why policy certainty now outweighs cost in APAC BESS investment decisions.
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