Business Trend: Energy Storage. Distributed Energy Storage.

Energy storage, residential and commercial, are booming. Here’s why:

• Expansion of  distributed, intermittent generation (solar and wind power)
• Increased need to load balance
• Restructuring of electricity markets creating new value streams for energy storage.

For 2016, distributed energy storage increasing its new storage installation by 14.2% & accounting for  45.6% of the storage installations.

Utility Dive | After a banner year, energy storage on track to best 2015’s record-setting growth