Consortium finds viable business case for community energy storage

[repost] Small-scale, grid-connected energy storage solutions – or “community batteries” – can have a viable business case, supporting the ongoing growth of decentralised energy generation resources. This is one of the key findings of a feasibility study published by DNV GL, based on work by an industry-wide consortium that includes energy storage firm Alfen and flexibility aggregator Peeeks.

 

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The study finds that – given current costs for lithium-ion battery technology and grid expansion projects – community storage can be both economically and socially viable. Furthermore, it outlines a decision-making framework to help grid operators and other stakeholders identify and optimise business models and revenue streams for community storage in any market.

Read More: Windtech International

 

 

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