The Second Coming Of Storage In America

Energy Gang

Wood Mackenzie

Tech News, Environment, Sustainability, Innovation, Renewable Energy, Technology, Alternative Energy, Energy, News, Cleantech, Wind Energy, Business, Climate Change, Solar Energy

4.6 • 1.3K Ratings

🗓️ 10 March 2016

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

America is undergoing a second wave of storage growth. The first wave came between 2011 and 2013, when grid-scale projects backed by the government stimulus came online. The second wave is based largely on two applications for lithium-on batteries: frequency regulation and demand charge management. These two applications helped the U.S. storage market grow 243 percent in 2015, according to the new Energy Storage Monitor from GTM Research and the Energy Storage Association. In 2020, America’s energy storage market will be 28 times bigger than it was in 2015. This third wave of growth, says GTM Senior Storage Analyst Ravi Manghani, will be catalyzed by a broader range of revenue streams as regional wholesale markets get more sophisticated. In this week's show, we'll look at the trends behind America's storage surge. In the second segment, we'll talk about China's war on coal. In the last segment, we'll discuss the consequences of Vivint's decision to kill an acquisition agreement with SunEdison. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	For the week of March 10th, 2016, this is the Energy Gang from Green Tech Media. In this episode we'll look at the impressive growth trends for storage in the US
0:19.2	and forecast how the market will evolve. Then China continues its crackdown on coal use,
0:24.0	is the country set to hit its climate targets early.
0:27.0	Finally, Vivant Solar pulled out of its merger with Sun Edison this week.
0:31.0	We'll have the latest on that saga. I am Stephen Lacey in Boston.
0:35.0	Catherine Hamilton is in Washington and Jiggershaw is in New York City in their respective
0:40.7	places. Catherine, how are you?
0:42.5	Doing great, it's beautiful here right now.
0:45.0	Is it like 80 there?
0:46.4	Yeah, it's gorgeous.
0:48.0	It's touching around 70 here.
0:49.5	Jigger, how's it going over there in New York?
0:51.9	Doing well, doing well.
0:53.4	We definitely have the advent of spring.
0:56.6	Also in our Boston office is Ravi Mongani,
0:59.0	GTM researchers Senior Storage Analysts.
1:02.3	So if Catherine is right and storage is the
1:05.2	bacon of the grid making everything better, then Ravi is your five-star server
1:09.8	dishing it up on a silver platter. He's here to help us understand what's on the menu in America's storage market.
1:16.0	Ravi, welcome, how are you?
1:18.0	Good sir, how are you?
1:19.0	Excellent.
	...

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