A market structure that allows storage facilities to meet multiple requirements raises the value of stored electricity to system operators, a value recognised in multiple streams of revenue. When a storage facility has the opportunity to multi-task, the “revenue stacking” that follows mitigates against the inherent economic disadvantage that storage labours under. ...
Is electricity storage essential? Belief is a dangerous foundation for decision-making and beliefs about storage risk major investment errors
Special report - Electricity Storage part 2/5: Filling in for wind and solar over days of calm and cloudy weather is not a task storage can perform, even if it was a power system requirement
Special report - Electricity Storage part 4/5: No means of affordably storing large volumes of electricity in all geographies exists, but a robust grid, connected over a wide area, can deliver green energy reliability
Special report - Electricity Storage part 5/5: The uptake of renewable energy does not increase the need for storage capacity, but stored power can help grid operators flexibly operate power systems, provided it can pay its way
Essential knowledge and key indicators of the prospects for grid scale electricity storage technologies
The biggest battery bank experiments are in California and Australia
Grid operators need incentives to use the grid as a large scale battery