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Navigant: Energy storage for renewables integration to reach $23B by 2026

from Utility Dive

As the cost of intermittent renewable resources and battery storage declines, Navigant researchers see an opportunity for energy storage system revenues to grow significantly. But it will not be uniform growth, with the economics varying in different regions. According to an executive summary of Navigant's new report, the argument for energy storage for renewables integration "relies on several different factors," including: the condition and size of the local grid; the type and amount of renewable generation; retail rates of electricity; incentives and subsidies; and financing options. more


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