Deploying battery storage at grid level is relatively uncharted territory, but a number of pioneers’ projects are now in the ground. Patrick Leslie and colleagues at RES, which built some of the first wave of storage projects, teases out the key technology, finance and regulatory lessons the industry can learn from these early experiences.
Secure financing for energy storage is likely to be the main driver for its deployment, the chief of the UK’s biggest solar developer has said, echoing views given to Energy Storage News by analysis firm Lux Research.
Workable alternatives to utility power involving energy storage are beginning to emerge with new and innovative business models, according to an investment advisor who worked on Younicos’ recent US$50 million “land grab”.
The eligibility of energy storage systems for a programme financing energy efficiency and renewables through property tax assessment shows that the technology is maturing rapidly, according to the CEO of the North American arm of Sonnenbatterie.
