CPower Energy Management creates demand-side energy management strategies for customers to help them reduce energy costs, generate revenue, meet sustainability goals, and increase grid reliability.

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CREATING VALUE WITH BEHIND-THE-METER STORAGE

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This item is part of the Special Issue - 10/2020 - Distributed Energy Resources, click here for more

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With the number of both site level and grid level use cases for energy storage (ES) and the associated potential value streams increasing – while at the same time costs for ES systems continue to drop, we can start to understand the basis for high ES deployment growth rates. There are a variety of energy storage solution types currently in use – hydro, thermal, inertial – but chemical, what’s commonly referred to as battery energy storage and more specifically lithium ion battery storage, is currently driving the intensifying energy storage adoption curve.

These battery assets offer an attractive mix of operational flexibility, responsiveness, energy density, and rapidly decreasing costs. Flexibility is key: a battery energy management system’s flexibility and its ability to generate a combination of revenues and/or cost avoidance of value streams allow battery storage projects to become economically viable in an increasing number of situations, energy markets, and geographies.

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Rob Windle's picture

Thank Rob for the Post!

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