The economics behind commercial energy storage options are growing in popularity, according to new figures from GTM Research, and are set to be increasingly attractive in the coming years.
A new report from GTM Research, The Economics of Commercial Energy Storage in the US, analyzed rate structure across 51 utilities across the United States, assessing the opportunity for demand charge management for commercial storage customers. Demand charge management is the use of batteries to charge on electricity during low-demand, and therefore low-price periods, so that consumers can discharge the battery, or use its contents, in high-demand, high-cost periods.
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