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Follow The Money: Solar + Storage
Views: 307
Apr 17 2015 05:20 PM | eds in Economy & Politics
The Secret of Solar is, it is Modular, Simpler, and Cheaper.
Solar did not have to wait until it was cheaper than:
. . . . . . baseload coal, or
. . . . . . nuclear.
Solar just had to be cheaper than the most expensive power out there:
. . . . . . peaking power.
Because, Utilities have to build, fuel, and maintain “peaker” plants,
. . . just for those few afternoons during the year,
. . . when everyone turns on their air conditioners,
. . . the “peak demand” moments,
. . . when Solar is Cheaper, Simpler, and Modular.
The Secret of Storage is, it is Modular, Simpler, and Cheaper.
Storage did not have to wait until it was cheaper than the levelized cost of:
. . . . . . gas peakers, cost between 20 and 27 cents per kWh.
Because, a Battery is approximately 12 cents per kWh.
. . . Batteries can be charged at night, and
. . . . . . during peak hours to reduce system load, and
. . . . . . facility demand charges—allowing utilities
. . . . . . to reduce their cost of service
. . . Batteries simultaneously replace expensive peak generation capacity, and
. . . . . . expensive distribution infrastructure.
The Secret of Distributed Storage is, it is Modular, Simpler, and Cheaper.
Distributed Storage, is cost-effective to deploy throughout the grid,
. . . close to consumers.
The study showed, storage would:
. . . . . . reduce outages,
. . . . . . reduce the need to build added capacity, and
. . . . . . reduce the need to build additional transmission, and distribution lines.
The Secret of Follow the Money, to make Energy, Modular, Simpler, and Cheaper.
California, New York, and Texas utilities,
. . . plan to procure more than 6GW ($10+ billion) of energy storage,
. . . on the grid by 2020.
04-17-2015 Source: Follow the Money: Solar + Storage
Solar did not have to wait until it was cheaper than:
. . . . . . baseload coal, or
. . . . . . nuclear.
Solar just had to be cheaper than the most expensive power out there:
. . . . . . peaking power.
Because, Utilities have to build, fuel, and maintain “peaker” plants,
. . . just for those few afternoons during the year,
. . . when everyone turns on their air conditioners,
. . . the “peak demand” moments,
. . . when Solar is Cheaper, Simpler, and Modular.
The Secret of Storage is, it is Modular, Simpler, and Cheaper.
Storage did not have to wait until it was cheaper than the levelized cost of:
. . . . . . gas peakers, cost between 20 and 27 cents per kWh.
Because, a Battery is approximately 12 cents per kWh.
. . . Batteries can be charged at night, and
. . . . . . during peak hours to reduce system load, and
. . . . . . facility demand charges—allowing utilities
. . . . . . to reduce their cost of service
. . . Batteries simultaneously replace expensive peak generation capacity, and
. . . . . . expensive distribution infrastructure.
The Secret of Distributed Storage is, it is Modular, Simpler, and Cheaper.
Distributed Storage, is cost-effective to deploy throughout the grid,
. . . close to consumers.
The study showed, storage would:
. . . . . . reduce outages,
. . . . . . reduce the need to build added capacity, and
. . . . . . reduce the need to build additional transmission, and distribution lines.
The Secret of Follow the Money, to make Energy, Modular, Simpler, and Cheaper.
California, New York, and Texas utilities,
. . . plan to procure more than 6GW ($10+ billion) of energy storage,
. . . on the grid by 2020.
04-17-2015 Source: Follow the Money: Solar + Storage
