A Happy New Year to everyone. I start the year with the latest from Navigant. Nothing radical here, pretty much what most of us in the sector know. The future of energy storage is big and bright, but not without its challenges still, and much work to be done on standardisation of both solutions and business models.
No mention here of the interlink with the rapid advance of Electric transport, and the subsequent price and performance changes of Lithium batteries in particular, or any mention of V2G. I'm very keen to see what advances might be made in V2G this year.
In the meantime. we're busy recruiting in energy storage and eMobility, and looking forward to what 2018 will bring.
"The lack of consistency among regions and even countries within the same region proves to be another barrier to the deployment of ESSs as developers struggle to create standardized systems and financing options that are deployable on a large scale," the firm concludes. "Additionally, declining costs of renewable generation, solar PV especially, are creating unique challenges for the energy storage market." Standalone solar generation is proving to be economical without subsidies and without storage attached, "which can make ESSs unnecessary from a financial standpoint," the report noted.