Energy Quote of the Day: ‘The Best Storage is Gas in the Pipeline and Fast-Reacting Turbines’

There is enormous market opportunity for grid-scale energy storage solutions on both the power supply and demand side, but historically low US natural gas prices appear to represent a headwind moderating widespread energy storage deployment.

One of the key utility-scale energy storage applications is for smoothing out distributed generation variability and intermittency, which can make the power grid unstable. Ultimately, it would be ideal to store wind energy, for example, generated overnight when power demand – and prices – are comparatively low, then supply that power back during peak demand periods when wholesale electricity prices are higher. Various technologies are currently being developed to best deliver that solution.

Source: theenergycollective.com

See on Scoop.itHeat energy recovery technology

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