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Behind-the-Meter Energy Storage Implementation

In: R&D Management in the Knowledge Era

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  • Nicole Wehner
  • Tuğrul Daim

Abstract

With the growth of alternative forms of energy, and depletion of fossil fuels, energy storage will play an important part in the energy grid of the future. Mechanical forms of energy, although cheap, require specific geological features, and so increasingly electrochemical forms of energy, or batteries, are relied on. The implementation of these batteries relies on certain technological, economical, and regulatory factors. Although costs are lowering, they are still too high to have wide adoption levels at the current price level. There are opportunities to implement battery storage widely at the home level, but there is a lot of restructuring and regulations needed to jump start this process, as the traditional electrical utilities were not set up with the intention of isolated grids. Like both the solar and wind industries, market transformation will be needed to increase adoption.

Suggested Citation

  • Nicole Wehner & Tuğrul Daim, 2019. "Behind-the-Meter Energy Storage Implementation," Innovation, Technology, and Knowledge Management, in: Tuğrul Daim & Marina Dabić & Nuri Başoğlu & João Ricardo Lavoie & Brian J. Galli (ed.), R&D Management in the Knowledge Era, chapter 0, pages 71-94, Springer.
    • Handle: RePEc:spr:innchp:978-3-030-15409-7_3
    DOI: 10.1007/978-3-030-15409-7_3
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    Cited by:

    1. Rezaeimozafar, Mostafa & Monaghan, Rory F.D. & Barrett, Enda & Duffy, Maeve, 2022. "A review of behind-the-meter energy storage systems in smart grids," Renewable and Sustainable Energy Reviews, Elsevier, vol. 164(C).

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