Savings from avoiding outages make solar+storage more economic

By Kathie Zipp Findings presented in a new paper by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and Clean Energy Group (CEG) show that more integrated solar photovoltaic and battery storage projects could make economic sense if the value of avoiding power outages is taken into account in project economics.
Based on in-depth modeling of various building types, putting a real value on the ability of PV and storage to prevent losses during outages results in the cost-effective design of larger solar+storage systems. In some cases, putting a value on resilience can even make solar+storage projects feasible where the technologies would

Read Full Article Here

For more great articles: Solar Power World

(Visited 2 times, 1 visits today)



© 2014 RenewaNews