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The Summer of Battery Storage

The Summer of Battery Storage

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This week on The Interchange, we dig into the onslaught of storage news with GTM’s Julian Spector.

We may be facing one of the worst economic downturns in American history, but it hasn’t stopped the surge in battery storage development.

We’re constantly hearing phrases like “world’s largest” and “record-breaking” as new gigawatt-scale projects are unveiled weekly.

Small-scale batteries are being attached to more than one-third of residential solar systems for leading installers, making distributed batteries a staple of home energy offerings.

New markets such as Texas are heating up. And utilities are putting batteries front and center in their 100% clean energy plans.

As a result, we will likely see a fourteenfold increase in batteries deployed on the grid in the U.S. over the next five years, according to the analysts at Wood Mackenzie Power & Renewables.

The Interchange is brought to you by Stem, a global leader in artificial intelligence-driven energy storage services. By combining advanced energy storage solutions with Athena, a world-class AI-powered analytics platform, Stem enables customers and partners to optimize energy use by automatically switching between battery power, onsite generation and grid power.

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Source : greentechmedia
Anand Gupta Editor - EQ Int'l Media Network
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