Battery storage to transform power market models

Technological breakthrough could rewrite the rules of power trading

Battery storage could transform the power market, say participants

The idea of large-scale battery storage has long been considered something of a pipe dream. But a breakthrough in this area is now viewed as highly likely by some electricity market participants, who say its development could spur widespread changes to the way the market operates.

Although economical large-scale battery storage is not yet a reality, many industry participants believe the sheer number of projects nearing a commercial stage augurs a breakthrough in the next few years. Pressure to