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Energy storage, a potential solution for integrating intermittent renewables and improving grid stability, again saw rapid growth this past year. A “transition year” for U.S. energy storage, 2016 saw a more diverse market emerge “both in terms of the types of systems (market segments) deployed and the business models.” These trends are expected to continue in the U.S. with combined residential, commercial, and industrial energy storage deployments predicted to surpass 2 GW by 2021. Despite this rapid growth, there are those who claim that the adoption of storage has been slowed by a “web” of regulations at all levels. Some… [more]
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