Storage systems’ hardware and software have related but different market drivers and technology trends. Lithium-ion remains as the dominant technology, accounting for nearly all batteries deployed in 2016. Flow batteries were a distant second in terms of deployed battery technology, according to a GTM Research poll, but the technology was beginning to prove itself as an innovative technology for utility-scale projects, due to its low prices and 4-hour duration. Get more insight on exciting battery technologies from Jim Greenberger at NAATBatt here.
In addition to hardware, software is largely responsible for the growth of energy storage. With intelligent software, energy storage can become even more valuable to utilities, project developers and consumers. Machine learning and predictive analytics can learn energy use patterns, enabling the software to automatically dispatch energy and calculate when to store it. Intelligent software has the potential to help energy storage deliver on its predicted economic benefits – most importantly, cost savings for the customer and the ability to bring more solar on to the grid.
Future Developments in Lithium Battery Technology + Recycling & Reuse of Lithium Batteries
Wednesday, July 11, 11:15am – 1:00pm
Has Lithium-Ion Technology Already Won the Race for EES ?
Wednesday, July 11, 2:00pm – 3:45pm
Software and Storage
Wednesday, July 11, 4:15pm – 6:00pm