Smart Cities

Conservative Forecasting is Hiding the Speed of the Energy Storage Revolution

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Our power system is evolving. Too slow for some and too fast for others. The evolution is symbolized by renewable energy and the infrastructure necessary to manage its fluctuating electricity supply, but there is more to our power evolution than the grid. Smart buildings, smart cities, smart homes, electric vehicles, district heating, and a range of other elements have developed the abilities required to become nodes of a more dynamic and responsive electricity network. At the heart of this renewables-friendly power system evolution is energy storage. Efficiency reduces consumption while intelligent software predicts and responds to enable the multimodal infrastructure that renewables demand, but energy storage brings the underlying flexibility that will lay the foundation for the future of energy provision. In that future, buildings and homes will store and share energy with one another and the grid, electric vehicles will park and plug-in offering additional grid-connected batteries, and all that combines with utility-scale energy […]

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