Mobile Advanced Battery Solutions Offer Utilities and Project Developers the Benefits of Energy Storage Without Large Upfront Investment
Current technological innovation is centered on the electric vehicle charging market
A new report from Navigant Research examines key applications for mobile advanced energy storage, discussing specific battery technologies commercially available in the market as mobile advanced battery solutions.
The energy storage industry continues to gain momentum around the world as industries of all types are actively working to minimize their carbon footprints and increase profits. Click to tweet: According to a new report from @NavigantRSRCH, utilities and project developers can reap the benefits of energy storage, without large upfront investment, through mobile advanced battery solutions.
“While the majority of energy storage deployments are stationary solutions, grid operators and facility owners around the world are beginning to recognize the value that mobile advanced battery systems can provide,” says Alex Eller, senior research analyst with Navigant Research. “Drivers for mobile advanced batteries include cost deferral potential, short-term load management, and flexibility.”
According to the report, technological innovation within mobile battery systems is happening on several fronts, most notably the electric vehicle (EV) charging market. As facility owners and event planners further understand the long-term power implications a fleet of EVs has on the local transformer, mobile batteries have become a way to integrate and manage higher electricity loads.
The report, Profit Increases from Deploying Mobile Advanced Batteries for Short-Term Loads, explores key applications for mobile advanced energy storage. The study discusses specific battery technologies commercially available in the market as mobile advanced battery solutions. These include Lithium ion, redox flow, and advanced lead-acid batteries. The report also examines the issues mobile battery solutions face at key junctions in the electricity value chain, and how ESS stakeholders can manage these issues with adequate planning. An Executive Summary of the report is available for free download on the Navigant Research website.
* The information contained in this press release concerning the report, Profit Increases from Deploying Mobile Advanced Batteries for Short-Term Loads, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.