Why batteries?
A clean and flexible asset that can fill the gaps left by intermittent renewables
WHY BATTERIES?
Why energy storage?
For all their qualities, renewable energy sources like wind and solar power are available either when the wind blows or during the day. The solution is a clean, flexible asset, that can deliver energy on demand to fill the gaps left by intermittent renewables. Grid-connected battery storage can charge up when there is excess renewable energy generation, and discharge when called upon to meet demand.
Some storage assets, like batteries, are able to respond almost instantaneously to control inputs, making them uniquely useful in maintaining grid stability as energy generation shifts away from fully-dispatchable coal and gas power plants.
WHY BATTERIES?
Why invest in energy storage?
Energy Storage systems are emerging as a strong investment opportunity worldwide, as owners discover their various revenue streams. Alongside wholesale power trading, grid system operators rely on storage to balance the grid and are prepared to pay for this service. Today’s grid-connected storage benefits from a range of possible revenue streams, providing investors very healthy returns on investment and access to a fast-transitioning market.