Growing Together: The Booming Market for Solar + Storage Webinar
Combining PV solar and battery energy storage into hybrid facilities has created a surge in investment reminiscent of that observed with the hybrid technology of the 1990s – the combined-cycle gas generator. The flexibility and versatility of energy storage enhances the value of clean PV generation and mitigates much of the grid integration cost that stand-alone PV can create.
While the dramatic surge in solar + storage investment arises from some of the inherent synergies from combining the technologies, such facilities also face some development headwinds. Competition from traditional and other renewable energy sources, evolving market participation rules and cumbersome, often expensive interconnection procedures all impede investment in hybrid facilities.
This webinar will assess the current market for solar + storage installations, including co-located facilities and more integrated hybrid plants. Adding storage to an existing or planned solar installation yields a project capable of providing the grid with multiple services, which can more than justify the additional cost in many cases. We will hear from market analysts on the economics of hybrid solar + storage, and from companies who develop and operate solar + storage facilities to get their perspective on current and future market prospects.
Host: Marc Chupka, VP, Research and Programs, U.S. Energy Storage Association
- Gigio Sakota, Director, Energy Markets, 8minute Solar Energy
- Will Gorman, Researcher, Electricity Markets & Policy Development, Lawrence Berkeley National Laboratory (LBNL)
- Jon Newman, Market Applications Associate, Fluence