Skip to main content

Battery Storage: The Next Disruptive Technology in the Power Sector

[vc_row row_height_percent="0" override_padding="yes" h_padding="3" top_padding="3" bottom_padding="3" back_color="color-xsdn" overlay_alpha="50" gutter_size="3" column_width_percent="100" shift_y="0" z_index="0"][vc_column column_width_percent="100" gutter_size="3" style="light" overlay_alpha="50" shift_x="0" shift_y="0" shift_y_down="0" z_index="0" medium_width="0" mobile_width="0"][vc_column_text]It is an exciting time for the power sector. The sector is witnessing the advent of several emerging and disruptive technologies that are transforming it for the better. The latest disruptive technology to take the power sector by storm is battery storage.[/vc_column_text][vc_custom_heading text_font="font-728346" text_size="h5" text_weight="600"]Fall in Storage Prices[/vc_custom_heading][vc_column_text css=".vc_custom_1602270868985{margin-top: 8px !important;}"]Low-cost battery storage has become a reality in the modern times. This has happened primarily due to the growing demand for electric vehicles and consumer markets. Players in Europe, Asia, and the United States are scaling the manufacturing of lithium-ion batteries so that they can serve their target markets better. Today, the price of battery storage is under $230 per kilowatt-hour, which is a substantial reduction considering that the price was $1,000 just a few years ago.

With the reduction in battery storage in Santa Rosa and other areas, energy markets are making a shift from niche usage to broader uses, like integrating renewable, providing quality services, and replacing conventional power generators to ensure more reliability.[/vc_column_text][vc_custom_heading text_font="font-728346" text_size="h5" text_weight="600"]Battery Storage a Boon for Solar Energy Producers[/vc_custom_heading][vc_column_text css=".vc_custom_1602270910986{margin-top: 8px !important;}"]In the US, many households now have solar panels that allow them to generate their own energy and meet their needs. However, the surplus is often exported to the main grid. Thanks to battery storage, they no longer have to worry about surplus electricity production. They can store any surplus and utilize it on demand. Hence, the demand for battery storage is increasing among customers, and research shows that this market will continue growing, especially in high-cost markets. The demand for battery storage will increase in the coming years in areas with frequent public safety power shutoffs from PG&E. A public safety power shutoff (PSPS) can last for days. Having battery storage would mean you’d never have to go without power during a PSPS.[/vc_column_text][vc_custom_heading text_font="font-728346" text_size="h5" text_weight="600"]Battery Storage is Transforming the Utility Industry[/vc_custom_heading][vc_column_text css=".vc_custom_1602270925541{margin-top: 8px !important;}"]It is possible to install battery storage at the grid as well as at the customer’s business or home. The cost of deploying this technology is dependent on the type of customer, regulations, type of application, needs of the grid, and the customer’s load. Nonetheless, it is poised to revolutionize the utility industry.

Battery storage is quite flexible, and can create value streams that will grow by leaps and bounds, and benefit the industry when properly deployed and scaled. While research shows that battery storage will be a challenge for utilities positioned behind the meter, it will offer an advantageous opportunity to utilities that are in front of the meter.

Already the utility industry is up against cheap solar energy, and this industry will face further disruption with cheap storage options. When electricity generated can be easily stored, it will have an impact on utility rates wherever these battery storage options are used.[/vc_column_text][vc_column_text text_lead="yes"]If you have more questions about renewable energy systems and battery storage solutions for your home or business, you can consider calling the experts at Summit Technology Group at 707-542-4773, or book a consultation with us.[/vc_column_text][/vc_column][/vc_row]

The Energy Storage Path to a Clean California

[vc_row row_height_percent="0" override_padding="yes" h_padding="3" top_padding="3" bottom_padding="3" back_color="color-xsdn" overlay_alpha="50" gutter_size="3" column_width_percent="100" shift_y="0" z_index="0"][vc_column column_width_percent="100" gutter_size="3" style="light" overlay_alpha="50" shift_x="0" shift_y="0" shift_y_down="0" z_index="0" medium_width="0" mobile_width="0"][vc_column_text]Like most parts of the US, California’s energy industry has been in a constant state of transformation. This has been catalyzed by a dramatic increase in clean energy owing to multitude of technological innovations. The state has been in the limelight for its efforts in increasing the storage and use of renewable energy so as to meet climate goals.

Pacific Gas & Electric has joined hands with the state in its many efforts to bring down greenhouse emissions and fight climate change. While the Trump administration decided to roll back its efforts to combat climate change, California has a different take and is actively fighting global warming.

In an effort to make this a reality, the Governor of California also signed a new climate change law. This bill requires that at least 50% of the state’s electricity will be powered by renewable resources by the year 2025 and at about 60% by the year 2030. California strives hard to achieve its goal of entirely relying on zero emission energy sources for all its electricity needs by the year 2045. It also hopes to achieve carbon neutrality, which means that it is looking for ways to remove as much carbon dioxide from its atmosphere that it emits, by the very same year. This is not going to be easy and will not be immediate, but it is something they intend to achieve.

California is not alone in this pursuit. Hawaii too has established the same ambitious goal of 10% renewable electricity by the time 2045 rears its head.

While this may seem like a goal that is hard to achieve, energy storage systems can help achieve this as could a well-connected transmission grid. In fact, many cities across the US have already attained 100% renewable electricity. This includes Burlington, Vermont; Aspen, Colorado; and Georgetown in Texas.[/vc_column_text][vc_column_text text_lead="yes"]It is time that each of us take a small step toward shifting to renewable energy and to reduce our dependency on fossil fuels. If you are keen on reducing carbon footprint, and are looking for renewable energy companies in Petaluma, look no further than Summit Technology Group. We possess a wealth of knowledge about renewable energy systems for not just homes, but also for businesses. Call us today at 707-542-4773 for more details.[/vc_column_text][/vc_column][/vc_row]