European power markets have a flexibility problem. And batteries are currently the only scalable low carbon flexibility solution. But a system requirement for flexibility is not on its own enough to underpin a battery investment case. There is currently a disconnect between the investability of batteries and the scale and pace of new flexibility required. But that may not be the case for much longer. Policy maker awareness of a looming flexibility problem is gradually increasing. As renewable targets are ramped up to facilitate 2050 net zero emissions goals, flexibility has become a core policy and industry focus. In ... (full story)