Authors: Bo Normark as KIC InnoEnergy expert and Aurélie Faure (IFRI)
|Language: English||Year: November 2014|
|Energies: storage||Type: Policy Report|
Summary: The incremental penetration of variable energy production, the growing trade of electricity and new demand patterns indicate that energy storage will play an increasing role in the energy system. Even where benefits are measured against alternative solutions – such as demand-side management, back-up generation and flexible loads, its role is evident in the value chain, from end-user to distribution, transmission, and markets. In particular, batteries offer cost-efficient solutions for innovative models of decentralized energy systems. Battery storage could become a gamechanger in the electric industry.