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You are correct. Due to certain tax credits, utilities can break even and even make a little money off of these devices, but it is certainly no slam dunk. One
by 6thaccount2 7y ago
You are correct.
Due to certain tax credits, utilities can break even and even make a little money off of these devices, but it is certainly no slam dunk.
One of the most recent FERC orders deals with directing all the ISO/RTOs to add energy storage participation to markets as long as the battery is 0.1 MW or greater if I recall correctly.
A lot of folks are interested, but there isn't much money in ancillary services or energy for the reasons you described above.
The large-scale storage is pretty sweet though.