|
|
Story continues on page 22>> By Matthew Feinstein
Though previously a high-priced fantasy, storage packaged with solar on a distributed
Also on the supply side, Bosch plans to leverage its acquisition of Voltwerk Electronics from Conergy for storage products, and LG Chem expects to produce storage products for solar systems in 2013. Battery maker Saft has supplied residential storage systems for solar installations on France's island territories as part of the Millener project.
. There are a number of factors that determine a market's need for storage, as detailed in Lux Research’s recent State of the Market Report "Grid Storage under the Microscope: Using Local Knowledge to Forecast Global Demand." In solar, don't simply look towards high volumes of installations – rather, storage is necessary to balance intermittency in markets with a high penetration level of solar in their overall electricity mix. Lux Research finds that emerging markets like Brazil, Chile and South Africa remain below 2% solar penetration through 2017, indicating that any storage adoption in those markets would come as a result of poor grid quality or generous incentives. A historically strong installation market pushes Germany to 15% penetration in 2017, indicating a much more pressing need for storage.
Story continues on page 2 >> |
|
||||||||||||||
|
|
|
|