Citation

BibTex format

@inproceedings{Suski:2026:10.1109/EEM68581.2026.11589676,
author = {Suski, A and Spyrou, E and Mays, J and Green, R},
doi = {10.1109/EEM68581.2026.11589676},
publisher = {IEEE},
title = {Comparing contract-based support mechanisms for long-duration energy storage},
url = {http://dx.doi.org/10.1109/EEM68581.2026.11589676},
year = {2026}
}

RIS format (EndNote, RefMan)

TY  - CPAPER
AB - Long-duration energy storage (LDES) faces significant revenue volatility that impedes investment. This paper evaluates four contract-based support mechanisms using an equilibrium model with risk-averse investors and incomplete risk markets. Applied to a stylized 2035 Great Britain case, we find that all mechanisms can achieve the targeted LDES capacity but differ substantially in cost-effectiveness and risk-aversion sensitivity. Contracts that eliminate revenue volatility achieve the lowest costs but may weaken operational incentives, while contracts that preserve market exposure maintain incentives at higher costs.
AU - Suski,A
AU - Spyrou,E
AU - Mays,J
AU - Green,R
DO - 10.1109/EEM68581.2026.11589676
PB - IEEE
PY - 2026///
TI - Comparing contract-based support mechanisms for long-duration energy storage
UR - http://dx.doi.org/10.1109/EEM68581.2026.11589676
ER -

Publications from colleagues on EPICS-UK outside of Imperial:

Dr Jess Britton

Mr Richard Hoggett

Prof Keith Bell

Dr Magnus Jamieson