NewEnergyNews More: Battery Storage Needs Rules That Allow Stacking

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  • Tuesday, September 26, 2017

    Battery Storage Needs Rules That Allow Stacking

    California’s energy storage value ‘significantly’ boosted by stacking benefits, study says Andy Colthorpe, 13 September 2017 (Energy Storage Association)

    “…The value of a front-of-meter battery energy storage system in California could be doubled or even trebled, by adding more than one revenue stream to the project…[According to Stacked Benefits: Comprehensively Valuing Battery Storage in California, it could cost between US$200 and US$500/kW-year to deploy a 1kW / 4kWh battery…[But] the benefits, when stacked, could be around US$280 annually…[B]ig variations exist between technology types and system configuration. At the uppermost level modelled, this could be around US$328/kW-year. The biggest values are to be found in three areas: avoided capacity cost, frequency regulation and in energy price arbitrage…[The report stresses that there are] different ‘depths’ of opportunity to these applications…” click here for more

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