The Rocky Mountain Institute (RMI) recently released a new report examining battery storage and the energy services they can provide the electric grid. RMI concludes that storage can have the most grid impact the farther downstream energy storage is located (e.g., behind the meter).
Key Details
Figure 1: Potential Energy Services Provided by Behind-the-Meter Battery Storage
Implications
Compensating battery storage for multiple stacked services would place storage on a trajectory similar to the maturation seen in the solar industry. However, battery storage may not have access to the same stackable financial subsidies that drove solar growth. Instead, the growth of battery storage will be dependent on stacking multiple energy services.
More Information
Rocky Mountain Institute: The Economics of Battery Energy Storage
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