Long-term value of grid storage is all about capacity, study finds
GreenTech Media
In a paper recently published in Applied Energy, researchers including Dharik Mallapragada of MITEI examine battery storage to determine the key drivers that impact its economic value, how that value may change with increasing deployment over time, and the implications for the long-term cost-effectiveness of storage. They find that “capacity deferral,” or substitution of batteries for generation or transmission capacity, is the primary source of storage value.