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

click to enlarge

Tweet