RMI_Report_BatteryStorage

RMI Report Traces the Rise of the Battery

RMI_Report_BatteryStorage

The Economics of Battery Energy Storage, a report from The Rocky Mountain Institute, explores the benefits of multi-use batteries located at customer sites. It’s a hot area: There has been a 600 percent growth in installed battery capacity between the first and second quarters of the year in the United States.

A driver has been the reduction in costs. Lithium-ion cell costs have shrunk from $1,000 per kWh to $300 per kWh. Further declines of 60 percent are expected. The report answers four main questions: What services can batteries provide to the grid? Where on the grid should batteries be deployed? How much benefit can the batteries provide? What challenges exist? The piece describes 13 services batteries can provide in the context of the grid.

Dale Pennington, the Managing Director of Utiliworks Consulting, spoke recently of the issues surrounding use of commercial grade batteries in buildings. These batteries – which could occupy an entire floor – pose significant security and safety challenges, he said.

The Corporate Sustainability Professional's Guide to Better Data Management
Sponsored By: Urjanet

  
How Tracking/Managing Energy Consumption Drives Real Cost Savings
Sponsored By: Digital Lumens

  
Practical Guide to Transforming Energy Data into Better Buildings
Sponsored By: Lucid

  
Planning for a Sustainable Future
Sponsored By: Dakota Software

  

Leave a Comment

User Name :
Password :
 
If you've no account register here first time
User Name :
User Email :
Password :

Login Now