Summary:

This slide deck presents the results of data collection on the commercial-scale li-ion battery energy storage market (current as of Autumn 2016).

It includes:

  • Map of existing U.S. project locations
  • Li-ion energy storage project cost data (on a kW and kWh basis), based on developer quotes
  • Project cost breakout and list of elements typically included in project cost estimates
  • Common use-cases and value streams for battery energy storage projects
  • Map of electric utility demand charges (which impact battery energy storage economics)
  • How the Federal Investment Tax Credit (ITC) and Modified Accelerated Cost Recovery System (MACRS) apply to energy storage projects
  • Summary of NREL’s FY16-17 solar + storage optimization modeling project

The information presented in these slides was collected to inform the inputs and assumptions for NREL’s solar + storage optimization modeling in FY17. The number of project quotes made available was limited and the energy storage market is rapidly changing. Therefore, this information should be seen only as a compliment to market data from other sources.

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Publication Details:

Author(s): National Renewable Energy Laboratory (NREL)
Date: 10/26/2016
Project: Solar+Storage Optimization
Published By: National Renewable Energy Laboratory (NREL)
Type: Third-Party Publication
Technologies: Energy Storage, Solar+Storage