Every five minutes, electric utilities and transmission operators are challenged with the task of matching power supply with everchanging demand. To make matters worse, aging infrastructure, transmission and distribution congestion, and proliferating solar and wind generation are threatening to disturb this delicate balancing act and increase costs for utilities and electricity consumers. While storage units that provide megawatts of power and megawatt-hours of energy have the potential to cure many of the grid’s ailments, these technologies carry high capital costs and compete with traditional low-cost natural gas plants to support the grid. In this report, Lux analyzes the business case for 14 emerging storage technologies across 23 applications to determine the best investments for utilities, transmission operators, independent power producers and building operators in California, Germany, and China. Amongst the sea of possible scenarios, there are few combinations that offer an acceptable payback, while endless potential pitfalls exist.
Contact us to learn the benefits of becoming a Lux member.
Or call us now
For North America (Boston Headquarters)
+1 (617) 502-5300
For EMEA (Amsterdam)
+31 20 280 7900
For APAC (Singapore)