Battery storage to transform power market models
The development of economical battery storage could rewrite the rules of electricity trading and create a need for newer and more sophisticated models, say market 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
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