Smart Cities

The Future Looks Bright For Energy Storage

“Energy storage is the only technology that can use energy generated during low cost off-peak periods to serve load during expensive peak periods, thereby improving the overall utilization and economics of the electric grid,” states a recent Massachusetts Energy Storage Initiative report that encourages the wide-scale deployment of energy to meet grid demands. Recognizing that energy storage can be a valuable component of a diversified energy portfolio, the Baker-Polito Administration launched the $10 million Energy Storage Initiative in May 2015 to evaluate and demonstrate the benefits of deploying energy storage technologies in Massachusetts. The story is much the same across the US. “Advances to the electric grid must maintain a robust and resilient electricity delivery system, and energy storage can play a significant role in meeting these challenges by improving the operating capabilities of the grid, lowering cost and ensuring high reliability, as well as deferring and reducing infrastructure investments. Additionally, energy storage can be […]

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