High growth expected for modular, battery-based energy storage systems, finds Frost & Sullivan

By Michelle Froese Utilities are increasingly demanding that the life of battery-based energy storage systems (BESS) be extended to 10 years so they can obtain sizeable returns on their investment, according to new research from Frost & Sullivan. Battery manufacturers currently offer five years and are making concerted efforts to enhance the durability of BESS, as well as provide value-added services such as warranty and operations and maintenance contracts.
In addition to higher energy efficiency, manufacturers are focusing on offering modular systems to help utilities achieve their environmental targets.
“Battery manufacturers are working toward providing modular, containerized systems that can be easily transported and quickly

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