A Brodies report has identified grid connection delays as the biggest bottleneck to renewables delivery in the UK.
The law firm said its survey with Infralogic found 75% of respondents plan to invest in UK battery storage over the next 24 months.
It added that 88% of respondents completed at least one majority-stake transaction in the past two years, with three quarters making greenfield investments.
Brodies noted that 82% of respondents expect appetite for UK investment to rise, supported by renewed policy confidence.
The report said constraints including planning complexity, rising costs and supply chain pressure continue to shape investment decisions.
“The energy transition is well underway, but it is not a straightforward process,” said Clare Munro, partner, energy and infrastructure at Brodies.
“Investors remain committed to net zero, but they are increasingly focused on resilience, integration and security of supply alongside decarbonisation.”
“Focus has shifted decisively from ambition to execution,” said Keith Patterson, partner and co-head of renewables at Brodies.
“Where there is policy clarity and realism, capital is available.”