U.S. Battery Storage Nears Tipping Point, Drives Energy Transition
While by definition it is impossible to identify a tipping point as it is happening, developments over the past several weeks certainly seem to be pushing the electric power storage industry to or past that landmark. In a couple of years, the last couple of weeks may stand out as the point when storage morphed from being an interesting add-on to an essential piece of the grid, providing backup power, smoothing variable generation and participating in various other ancillary markets.