Re:Solar and storage projects drive utility-scale deployment...
by toomuchtodo on Wednesday April 03, 2019 @10:59AM
(#19563849)
Summary:
* Storage-plus PPAs are already less expensive than the levelized cost of energy (LCOE) for combined cycle natural gas in the United States, according to a recent report from Navigant Research. (My note: BIG DEAL, coal and natural gas [peakers and combined cycle gas turbine] will not be built)
* Lithium-ion batteries are one of the main drivers in the growth of the utility-scale energy storage market, accounting for almost 30% of non-pumped storage capacity developed since 2011, the report found.
* The report comes amid growing expectations that electric utilities increase their investment in storage-plus renewable energy projects as power purchase agreement (PPA) prices continue to fall and adoption expands.
* Storage-plus PPAs are already less expensive than the levelized cost of energy (LCOE) for combined cycle natural gas in the United States, according to a recent report from Navigant Research. (My note: BIG DEAL, coal and natural gas [peakers and combined cycle gas turbine] will not be built)
* Lithium-ion batteries are one of the main drivers in the growth of the utility-scale energy storage market, accounting for almost 30% of non-pumped storage capacity developed since 2011, the report found.
* The report comes amid growing expectations that electric utilities increase their investment in storage-plus renewable energy projects as power purchase agreement (PPA) prices continue to fall and adoption expands.