The term “market disruptor” is seemingly thrown around for every new technology with promise, but it will be quite prescient when it comes to energy storage and U.S. power markets.
New energy storage projects in the U.S. are making solar power competitive against existing coal and new natural gas generation, and could soon displace these power market incumbents. Meanwhile, projects in Australia and Germany show how energy storage can completely reshape power market economics and generate revenue in unexpected ways.