Energy Storage: Ready For Takeoff

Law360 (October 2, 2018, 2:31 PM EDT) -- Traditionally, electricity to be delivered on the grid was generally not stored. The electric grid was developed as a just-in-time delivery system, which resulted in grids and power lines being sized to meet peak demand instead of average demand.

However, the energy world is changing. Energy storage is poised to be a major game changer in electric power markets. In the U.S., there are approximately 25 gigawatts of existing energy storage, with an additional 7.8 GW announced, planned and/or under construction. The majority of existing energy storage is in the form of large pumped hydro, while the additional 7.8 GW represent...

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