Converting value streams to revenue
Battery energy storage: U.S. Companies are exploring how to create revenue streams from energy storage and services attached to providing stored energy to utilities, commercial, industrial and residential customers, and vehicle charging stations.
Battery energy storage (BES) is in a critical growth phase where only a few of its value streams are being converted into revenue.From 21 functions identified by the Electric Power Research Institute that BES can provide across residential, commercial and industrial segments (see table on page 90), only peak shaving, energy arbitrage, grid regulation, residential consumption …
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