THE BUSINESS OF STANDALONE GRID-SCALE ENERGY STORAGE

January 16, 2020

In 1800, Alessandro Volta invented the first battery, which came to be known as the voltaic pile. It was the first device to provide a steady supply of energy. Batteries have come a long way since then. In the 1970s, lithium-ion batteries were commercialized for the first time. Now they are a crucial component in revolutionizing and enabling continued renewable penetration on the US electrical grid.

Spotlight

EREC - EUROPEAN RENEWABLE ENERGY COUNCIL

Created on 13 April 2000, EREC, the European Renewable Energy Council, is the umbrella organisation of the major European renewable energy industry, trade and research associations active in the field of photovoltaics, small hydropower, solar thermal, bioenergy, geothermal, solar thermal electricity and ocean energy. It represents an industry with an annual economic activity of more than €130 billion and more than 1 million employees.

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Spotlight

EREC - EUROPEAN RENEWABLE ENERGY COUNCIL

Created on 13 April 2000, EREC, the European Renewable Energy Council, is the umbrella organisation of the major European renewable energy industry, trade and research associations active in the field of photovoltaics, small hydropower, solar thermal, bioenergy, geothermal, solar thermal electricity and ocean energy. It represents an industry with an annual economic activity of more than €130 billion and more than 1 million employees.

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