NewEnergyNews: The Great Battery Bargain For U.S. Businesses

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  • TODAY AT NewEnergyNews, November 13:

  • TODAY’S STUDY: The Many Values Of Solar Power Plants
  • QUICK NEWS, November 13: This Is What It Looks Like; Astonishing Things About New Energy, Part 1

    Thursday, November 09, 2017

    The Great Battery Bargain For U.S. Businesses

    Battery storage holds promise in the commercial market

    Lucy Kessler, November 8, 2017 (Clean Energy Finance Forum via GreenBiz)

    “…[A]bout 25 percent of all commercial customers in the United States could cost-effectively reduce their electric-utility bills through onsite battery storage…[and] some of the most promising market opportunities are in locations outside of the ‘first-mover’ states known for progressive clean-energy policies (such as California and New York)…[They] include Georgia, Kentucky, West Virginia, Alabama, Michigan, Iowa, New Mexico and Texas [according to Identifying Potential Markets for Behind-the-Meter Battery Energy Storage: A Survey of U.S. Demand Charges]…Commercial properties are charged for energy demand, in addition to energy consumption, plus fixed monthly fees. Public buildings, nonprofit organizations, community centers and even multifamily housing are subject to the commercial pricing structure too…This report is significant for three reasons. First, a demand-charge study of this magnitude has not been made public before now. Second, the findings demonstrate onsite battery-storage technology is cost-effective for many commercial customers now, not sometime in the future. Third, the report highlights viable market opportunities for expanding behind-the-meter energy storage — meaning a battery paired with solar power — into new regions of the country…” click here for more

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