April 11, 2016
The energy markets continue to hail energy storage as the largest coming change to the world of electricity. Navigant, one of the largest independent research firms in the industry published a forecast of the 5 key transformative storage trends:
- The rise of new standard energy storage contracts will drive consumer and utility storage markets
- Modularity driven by lean manufacturing concepts will take storage by storm
- Innovation from blue chip IT companies will lead storage into the distributed energy resources (DER) / energy cloud space
- Utilities will embrace residential energy storage
- Energy storage-enabled virtual power plants (VPPs) will invade the markets
All these trends, #5 in particular, are central to IG’s business model. Feel free to contact us to learn more.