Sophie Vorrath reports in REnew Economy (3/3/15):
"A major new Deutsche Bank report has predicted that energy storage – the 'missing link of solar adoption' – will be cheap enough – and technologically ready – to be deployed on a large-scale within the next five years. ...
"Deutsche points to the commercial-scale market as one of the first areas where battery deployment will flourish, due to clear economic rationale. 'Commercial customers are often subject to demand based charges, which can account for as much as half of the electric bill in some months', Deutsche says. 'We think companies with differentiated battery solutions coupled with intelligent software and predictive analytics that work with the grid to avoid these charges and smooth electric demand will pave the way for mass adoption'.”
Read the full article at: http://reneweconomy.com.au/2015/energy-storage-to-reach-cost-holy-grail-...
Follow us on Twitter @Going_Solar