Battery storage technology has seen exponential growth in a short amount of time as both utilities and merchant power producers have installed batteries for a variety of purposes, from replacing peaking power plants to providing ancillary services for the grid.
But a different set of regulatory incentives could speed up battery storage’s graduation from niche technology to formidable player in the energy industry, according to a number of different industry leaders at the Energy Storage Association’s annual conference held April 25-27 in Charlotte, N.C.
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Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.