Quantifying Returns: Does Energy Storage Coupled with PV Offer Big Savings?

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Bibliographic Details
Title: Quantifying Returns: Does Energy Storage Coupled with PV Offer Big Savings?
Authors: BURGER, ANDREW
Source: Renewable Energy World. May/Jun2015, Vol. 18 Issue 3, p24-31. 6p.
Subject Terms: *Energy storage, *Lithium-ion batteries, *Photovoltaic power generation, *Solar energy, *Economic demand, *Economics
Company/Entity: National Renewable Energy Laboratory (U.S.)
Abstract: The article focuses on a report by the U.S. National Renewable Energy Laboratory (NREL) on the economic returns of grid-connected lithium-ion (Li-ion) battery-based energy storage systems with photovoltaics (PV). Topics discussed include the creation of peak shaving which offers energy storage solutions, the increase in demand for peak power, and the "Deployment of Behind-The-Meter Energy Storage for Demand Charge Reduction" by NREL which uses solar irradiance to estimate returns.
Database: Energy & Power Source
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