The falling prices of the battery have made large scale energy storage more cost-competitive compared to traditional generation options; high demand for reliability, stability, and resiliency of electric grid owing to surge in renewable integration are some of the few factors driving the utility-scale energy storage market growth.
The falling prices of the battery have made large scale energy storage more cost-competitive compared to traditional generation options; high demand for reliability, stability, and resiliency of electric grid owing to surge in renewable integration are some of the few factors driving the utility-scale energy storage market growth.
