In structuring and financing energy storage, everything has changed. The enactment of the Inflation Reduction Act (IRA), and its Storage ITC, is projected to drive the development and financing of up to 120 GW of grid-scale storage over the next 10 years. Forecasts also suggest that it will also reduce financing costs for a tremendous additional amount of behind-the-meter storage developed on behalf of corporate, residential and public entities.
All of this, however, requires new development and structuring strategies to capitalize on the tremendous opportunities this incentive regime creates for standalone storage, long-duration storage, and BOT projects. It’s a whole new ballgame—requiring innovative approaches—when developing projects for utilities, munis, CCAs or other public power entities. And fully realizing the financial benefits of IRA incentives to deliver the most profitable, lowest cost storage projects requires successfully leaping a number of formidable hurdles: projects must meet domestic content requirements despite supply shortages, negotiate the vagaries of individual ISO/RTO interconnection processes, understand the unique aspects of each power market, and attract tax equity investors with projects structured to address their risk appetites and concerns in the new era.
Energy Storage Finance & Investment will bring storage developers together with leading tax equity investors, lenders, tax advisors, market analysts and offtakers to develop and discuss the best new thinking on developing and obtaining financing for energy storage projects. They will present the latest information on how to structure standalone FTM, BTM and longer-duration projects to capture the Storage ITC; reduce supply chain cost risk while meeting domestic content requirements; assess the potential revenue streams and interconnection pitfalls in ISO, RTO and bilateral markets; and how the IRA is changing project valuations and exit strategies. Beyond all this, successful storage finance and investment now needs to take into account the ongoing storage boom in ERCOT, the rise of storage as part of trading operations, the demands by corporate offtakers to source clean energy 24/7, and the emergence of longer duration storage technologies.
Attend Energy Storage Finance & Investment 2023 to network with the key developers, financiers and investors driving new strategies and structures to capitalize on the IRA and today’s storage business environment!
Hear from top industry leaders and market stakeholders
Gain highly-relevant, exclusive insights and updates
Connect with key decision makers and get deals done
Ali Amirali Senior Vice President LOTUS INFRASTRUCTURE PARTNERS
Jack Cargas Managing Director, Renewable Energy Finance BANK OF AMERICA
Carol Couch Senior Vice President & Chief Supply Chain and Manufacturing Officer FLUENCE
Matt Cousins Director of Origination EAST POINT ENERGY
Eric De Caluwé Managing Director, Energy Storage, Hydrogen, and Generation ENGIE NORTH AMERICA INC.
Jacqueline DeRosa Vice President, Energy Storage Systems AMERESCO
Dan DeSnyder Vice President, Capital Markets SUNNOVA ENERGY CORPORATION
Mark Frigo Vice President, Energy Storage NEXAMP
Nitish Garg Director of Procurement AVANTUS
Jonathan M. Gross Director, Renewable Energy MONARCH PRIVATE CAPITAL
Leng Lee Co-Founder ATHEVA
Chris McKissack CEO GLIDEPATH
Randolph Mann President ESVOLTA
Hugh McDermott Senior Vice President, Business Development ESS INC.
Daniel Nelson External Tax Contractor AVANTUS
Michael Slattery Chief Financial Officer AGILITAS ENERGY
Tracy Stoddard Vice President, Business Development – North America ACCIONA ENEGY
Curtis VanWalleghem CEO HYDROSTOR
Elizabeth Waters Managing Director MUFG – PROJECT FINANCE, AMERRICAS
Gabe Wapner Vice President, Business Development HECATE GRID
Arizona Biltmore, A Waldorf Astoria Resort 2400 E Missouri Avenue Phoenix, Arizona 85016
**WARNING: Please do not book any guest rooms with 3rd Party Housing Companies for this event. Infocast does not partner with outside housing companies, so we advise that you only book guest rooms at the hotel using the details provided above.*