Red Tape Hindering Growth Of Energy Storage

City planners already hope to incorporate more electrical energy storage (EES) systems and thermal energy storage (TES) systems into commercial infrastructure.

In cities and regions where energy is priced according to peak shifting, EES and TES systems will most likely be installed very quickly.

Of course, the cost of installing such systems is the biggest barrier, and it will take some time before the cheapening of other related technologies such as battery management systems and two-way power inverters paves the way for EES and TES systems’ cost to drop as well.

Source and Read More 

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