Will they or won’t they? Distribution network operators (DNOs) are seeking a change in the way they are licensed to let them play in the emerging energy storage market. Storage is currently classified as a generation activity, for no particular reason other than an accident of history. It’s an accident that prevents them from owning and operating storage assets, because they are not allowed to hold a generation licence. The answer seems clear: designate storage as a separate licensed activity, and license DNOs to own and operate it. Authoritative voices, including the National Infrastructure Commission, have been calling for just such a move.