Energy storage solutions to enhance grid economics

Boston,MA United States

Leading clean energy media "Renewable Energy Focus" recently published another article from Verde LLC, about the Energy storage solutions to enhance grid economics:

Renewable energy has grown at a dramatic rate in recent years. The US Energy Information Administration has recently reported that renewable energy sources provided 9.81% of US energy consumption and 11.82% of domestic energy production for the first half of 2013, which is about 60% higher than 10 years ago.

However, along with the growth of renewable energy, the controversy never stops. The major concern lies in the real economic value after the renewable energy is integrated into the grid. Since most renewable energy facilities – especially wind and solar – are located in less populated area and far away from the grid, it is expensive to transmit the power to end-users...

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