Transition - 14/November/2017

Key takeaways at a glance

Essential facts for evaluating the prospects for grid scale storage

KEY TAKEAWAYS ON GRID STORAGE .. .. Power system operators have for decades included modest volumes of stored electricity in the mix of options for balancing supply and demand, provided the value of the stored electricity has been greater than the cost of paying for it. .. The value of stored electricity is not necessarily increased by the uptake of high proportions of renewable energy. .. Balancing supply and demand can be done without using stored power, which rules out paying for storage solutions at any cost, also on power systems supplied with electricity from a mix of variable and dispatchable renewable energy sources. .. Storing electricity is always more expensive than using the same electricity directly. The fundamen ...

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