North America
July 17, 2018
Power & Utilities | Energy Storage
Visual Primer Series
EnerKnol’s Visual Primer – Battery Storage Catching up to Natural Gas as a Peaking Resource
New Planning Paradigm Comes as Boon for Utilities Trying to Absorb Growing Renewables
Growing large-scale deployments of energy storage systems, driven by declining costs and evolving technology, has opened an opportunity for these systems to compete with traditional natural gas peaker plants. Standalone storage makes for a resource-agnostic solution that would enable utilities to charge up as required using the available energy mix. As improvements in technology allow battery systems to provide power for longer periods, utilities will benefit as they must manage a growing share of renewables while meeting peak demand.
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