POWER Magazine•15 days ago
Battery Storage Comes of Age: From Grid Accessory to Essential Infrastructure
Key Takeaway
Plunging battery storage costs are making 24/7 solar power competitive and essential for grid design, though regulatory uncertainty remains a critical factor for developers and large consumers.
AI Summary
- •Battery storage costs are plummeting, enabling utility-scale batteries to deliver 24/7 solar power at competitive prices.
- •This cost reduction is transforming grid design, positioning battery storage as essential infrastructure rather than an accessory.
- •The sector faces significant challenges due to ongoing policy and regulatory upheaval, impacting market certainty and project development.
Topics
policysolarstorage
Article Content
From plunging costs to policy upheaval, the global battery storage sector is transforming grid design—and facing unprecedented challenges. The energy storage industry stands at a pivotal crossroads. On one side, costs are plummeting so dramatically that utility-scale batteries can now deliver solar power around the clock at competitive prices. On the other, regulatory upheaval—particularly in […] The post Battery Storage Comes of Age: From Grid Accessory to Essential Infrastructure appeared first on POWER Magazine .