revenue stacking

Energy storage systems were historically used for grid balancing purposes within Europe, limiting their use to such applications or to be considered as “auxiliaries” to renewable generation assets. However, as market prices evolve and new revenue streams emerge, stakeholders must discover the diverse applications that such systems can tap into, writes Naim El Chami

Q CELLS has signalled its intent to target the US solar and storage market by acquiring San Francisco-based storage solutions provider Growing Energy Labs Inc (Geli).

Adding energy storage can boost solar PV project revenues by as much as 50% in the US state of Massachusetts, US developer Stem Inc has claimed.

Lior Handelsman, VP of marketing and product strategy and founder of SolarEdge, discusses the role solar, battery storage and other distributed energy resources can play in demand response services, and the size of the opportunity on offer.

Steps taken in California to enable energy storage systems to provide multiple services and to ‘stack revenues’ are “an essential starting point” for the industry, the head of California’s Energy Storage Alliance (CESA) has said.

Shifting solar power for several hours using flow batteries will quickly become economically viable if the energy storage systems are also allowed to provide other services, such as grid-balancing, one maker of the devices has claimed.