Decentralised energy storage is increasingly seen as being important for decarbonising local energy systems and the global market for such systems is expected to grow significantly. Several studies have looked into the technical development of decentralised energy storage systems, as well as examining how different business models can enable them to capture a variety of value streams. Recent work has also explored public perceptions of energy storage, yet so far there has been little focus on how the different dimensions affecting deployment interact together. Here, we present the result of a deliberative workshop which gathers stakeholders’ views and addresses how the interplay between these three dimensions affects successful deployment. Our approach is holistic and integrative and utilises a participatory decision-making methodology. The findings of the research add substantially to the understanding of how decentralised energy storage schemes should be implemented. The research reveals that there are many aspects that can help to either facilitate or impede a storage scheme, and stakeholders perceive multiple ways to engage with the deployment of the technology. We show that the following four principles could contribute to achieving success: maximizing simplicity and clarity; managing expectations, uncertainty and risk; generating benefits for the community; and the involvement of trusted actors.