Tracks: Track D - Integration & Energy Storage
The relevance and popularity of energy storage is continuing to grow. What one sees in the United States and other leading energy storage markets is not just an increase in capacity but also a growth in the range of applications for which energy storage is being used. Popular applications range from renewable energy source (RES) curtailment minimisation to frequency regulation, from voltage control to end-user peak shaving. To enable these diverse forms of deployment what is needed is an appropriate market design, or regulatory environment. Establishing a legal definition of energy storage is just a start. All regulatory barriers that impose costs in energy storage business models must be eliminated.