[Report] Non-Hydro Energy Storage Gaining Traction in Grid-Scale Applications
Non-hydro utility-scale energy storage solutions are landing record-setting contracts in multiple regions, marking a transition beyond small-scale ancillary services. Fast-reacting and flexible energy storage resources can efficiently provide ancillary services to free-up traditional generation assets for wholesale market participation. The U.S. Bicameral Task Force on Climate Change recently cited that by 2022, the worldwide demand…...