RE: Trading18 Jan 2021 15:29
Interesting document by BBN... I liked this section as Fortune has mentioned VRFB as 'nascent' technology and we have a pilot project at Eskom -
Lack of familiarity with storage technology among utilities.
A lack of familiarity with newer technologies that are used in utility-scale ESSs and limited local technical experience to operate and maintain the installed systems have restricted the energy storage market in many non-OECD markets, with the exception of China. It is critical for energy ministries, national electric utilities, power system regulators, and other large commercial and industrial customers to be educated on the potential benefits of energy storage. Piloting commercial-scale storage projects could provide reference cases to demonstrate the value of the nascent technology;