Stacked Values: Combine Distributed Energy Resources and Goals to Achieve Maximum ROI
- Oct 31, 2016 10:03 pm GMT
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There are some things that always go better together. Peaches and cream, peanut butter and jelly, salt and pepper. The same is true for energy storage and the distributed energy resources that can complement and improve the ROI of storage investments.
Business models that dispatch batteries for a primary application and then re-dispatch them to provide multiple stacked services make the economics of storage much more favorable. And bundling grid applications to stack up multiple values has the potential to deliver a total value that exceeds the energy storage cost, especially in combination with a holistic approach that combines battery storage with other distributed energy resources (DERs) such as controllable loads.
Thought leaders from Enbala Power Networks have created a new white paper which shows how one energy company cut its battery project payback in half by leveraging distributed energy resource management software to stack the values of storage plus load.