What is the Future of Energy Storage in North America?

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submitted by Albert Gomez

greentechmedia.com - by Chet Lyons - October 10, 2013

Grid-Scale Energy Storage in North America 2013: Applications, Technologies and Suppliers

We are now entering the early growth stages of what will surely become a giant global industry - energy storage - which will both support and compete with conventional generation, transmission and distribution resources. The evolution of the industry will lead to new business models and the creation of new companies that make, apply and operate storage assets to help the grid work more reliably and cost-effectively, while decreasing unwanted environmental impacts.

While in North America right now most grid-scale applications lack the right mix of regulatory support, costs, revenues and other attributes to be economically viable opportunities, some applications can and will generate an attractive return on investment today and that represent a sizable and accessible market.

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