Energy storage
In developed countries, storage, mainly through batteries, is flourishing.
There is a robust economic justification. Storage is a “tool” for mitigating non-firm energy sources such as solar and wind.
At the same time, the tariff structure covering peak and off-peak times consistent with the demand profile of the electrical systems and the “duck curve” make it a solution that enables investments by energy suppliers and demanders.
Here storage has no justification – our “regulatory framework” is inconsistent with the new reality of non-firm sources.
Meanwhile, we continue to “go downhill” due to a lack of necessary alignment between supply, demand and realistic energy prices.
