Balancing the grid with storage systems
Reserve power: A new business model aimed at accelerating amortization time for solar power storage systems is up and coming in Germany: participating in the reserve energy, or demand response, market can create an additional revenue stream for local solar power providers.
Currently, a number of companies want to conquer the market for reserve electricity with home battery storage systems. Theoretically, storage systems for photovoltaic arrays are very well suited for balancing fluctuating solar power. Until now, however, that has only been possible within a household. The new idea is to offer reserve power to the public …
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