Hybrid Storage Market Assessment: A JISEA White Paper

Technical Report · Mon Oct 09 00:00:00 EDT 2017

DOI:https://doi.org/10.2172/1399357· OSTI ID:1399357

Ericson, Sean J. ^[1]; Rose, Eric ^[1]; Jayaswal, Harshit ^[1]; Cole, Wesley J. ^[1]; Engel-Cox, Jill ^[1]; Logan, Jeffery ^[1]; McLaren, Joyce A. ^[1]; Anderson, Katherine H ^[1]; Arent, Douglas J. ^[1]; Glassmire, John ^[2]; Klawiter, Steffi ^[2]; Rajasekaran, Dhiwaakar ^[2]

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1. National Renewable Energy Laboratory (NREL), Golden, CO (United States)
2. HOMER Energy, Boulder, CO (United States)

This white paper evaluates which markets are best suited for battery storage and storage hybrids and reviews regulations and incentives that support or impede the implementation of standalone storage and battery hybrids. The costs of battery storage technologies have dropped in recent years, resulting in a seven-fold increase in installed capacity over the last decade (1). These technologies offer an attractive rate of return in some locations; however, cost and regulatory barriers still limit the market for storage. Hybridizing a battery (combining the battery with a generator) can in some instances reduce total system costs and increase value compared to separate installations. The fast ramping and dispatchability of a battery can complement the generator to provide services that neither battery nor generator could provide alone. Battery hybrids also benefit from some policy incentives and may be better able to meet market and regulatory requirements.

• Research Organization: National Renewable Energy Lab. (NREL), Golden, CO (United States)
• Sponsoring Organization: Joint Institute for Strategic Energy Analysis (JISEA)
• DOE Contract Number: AC36-08GO28308
• OSTI ID: 1399357
• Report Number(s): NREL/MP-6A50-70237
• Country of Publication: United States
• Language: English

Related Subjects

25 ENERGY STORAGE
29 ENERGY PLANNING, POLICY, AND ECONOMY
battery storage
storage technologies
hybrid storage market
storage assessment
battery hybrids