Small-scale, grid-connected energy storage solutions – or “community batteries” – can have a viable business case, supporting the ongoing growth of decentralized energy generation resources. This is one of the key findings of a feasibility study published today by DNV GL, based on work by an industry-wide consortium that includes energy storage firm Alfen and flexibility aggregator Peeeks. The study finds that – given current costs for lithium-ion battery technology and grid expansion projects – community storage can be both economically and socially viable. Furthermore, it outlines a decision-making framework to help grid operators and other stakeholders identify and optimize business models and revenue streams for community storage in any market. Helping grids cope with decentralized generation Decentralized energy sources such as rooftop solar panels or individual wind turbines are an important part of the transition to a more sustainable energy […]