Solar Plus Storage Multi-tasking To Cut Costs

Storing The Sun’s Energy Just Got A Whole Lot Cheaper

Joe Romm, May 18, 2016 (Climate Progress)

“With prices dropping rapidly for both renewables and battery storage, the economics of decarbonizing the grid are changing faster than most policymakers, journalists, and others realize…[A solar plus storage system based on lithium-ion batteries makes economic sense through revenue stacking. It can stack or combine multiple revenue sources like frequency regulation for a system operator, adjusting local power quality without other expensive new infrastructure, and reducing peak mid-day demand charges for the customers it serves. Battery prices have come down by a factor of three in the last few years, expanding available opportunities. This is] the dawn of a revolution that will enable lithium-ion batteries to play a larger and larger role in [making New Energy] more unstoppable than ever…” click here for more

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