by: Donald E. Bowen, Jr., PLS
Principal
My
trip to San Diego and recent pursuit of large utility scale energy/battery
storage is a work-in-progress that I am very confident will come to fruition
similar to wind and solar PV. The intermittencey of renewable energy,
specifically large scale wind and solar PV along with the need for greater grid
resiliency given the growing threat from climate change obviate this emerging
opportunity.
Homeowners
seeking protection from grid outages and for safety reasons will increasingly
pursue battery storage for their homes in lieu of generators due to the readiness
capability and minimal/no cost maintenance.
Large
institutional, commercial and utility scale installations and deployment will
quickly recognize the return on this investment. Energy storage will be
big. Very big.
We
see significant financial support and regulatory mandate for large scale energy
storage in CA which it is often where adaptive innovation originates - then
spreads across the country.
We
are already witnessing demand rising in the New England region for large scale
energy storage. Companies from around the world are investing Billions
into a wide range of technologies especially in the US, South Korea, Japan,
China and Germany. The article below illustrates the major organizations
such as GE are well under way positioning themselves to seize the business
opportunities in this industry.
"To
create Current, GE is combining its light-emitting diode, or LED, business with
its solar, energy storage, and electric vehicle businesses."
"....Sean
Becker, owner of the Somerville energy-storage startup Sparkplug Power, said he
can understand why GE chose Greater Boston over Schenectady. The labor pool
here is deeper, he said, and it’s easier to persuade talented workers to be in
Boston than in upstate New York."
This
highlights this rapidly moving industry:
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