September 19, 2019
Power Plants with Energy Storage Can Boost Electric Market Competition and Lower Costs
As electricity markets innovate with new technologies to increase system reliability and efficiency, a new industry white paper released today shows how energy storage projects integrated with power plants, such as wind and solar power, are crucial to providing greater value to the electric grid, facilitating greater market competition and lowering electricity costs for consumers. The white paper, entitled Enabling Versatility: Allowing Hybrid Resources to Deliver Their Full Value to Customers, is the product of a collaboration between Grid Strategies and the U.S. Energy Storage Association.
