The Energy Industry Invests in Storage Battery Technologies with an Eye on Distributed Power and Renewables, Business and Industry Trends Analysis

The development of large-scale storage systems (often in the form of giant batteries) scattered around electric transmission grids would mean that generating companies could create excess power during periods of slow demand, store that electricity and then sell it through the grid a few hours later when demand picks up.  It would also mean that spikes in demand, such as that caused by a massive number of air conditioners turned on during an extremely hot summer afternoon, could be served quickly by drawing on stored power.  A few such large battery storage systems are already in place in Japan, Australia,…

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