Policy and markets for offshore energy storage - summary of an OSES2023 plenary discussion

As the penetration of offshore wind power and other offshore renewables increases globally, extensive amounts of energy storage will be required to integrate this power within electrical grids. There are very strong arguments for implementing that energy storage close to the renewable energy harvesters themselves. However, for this to happen, significant changes might be required in both energy policy and market structures. This paper summarises the outcomes of a discussion session held on the afternoon of July 13th at the Corinthia hotel at St. George's Bay in Malta as a part of the OSES2023 conference.