The emergence of cost effective battery storage

It is important to examine the economic viability of battery storage investments. Here the authors introduced the Levelized Cost of Energy Storage metric to estimate the breakeven cost for energy storage and found that behind-the-meter storage installations will be financially advantageous in both G...

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Bibliographic Details
Main Authors: Stephen Comello, Stefan Reichelstein
Format: article
Language:EN
Published: Nature Portfolio 2019
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Online Access:https://doaj.org/article/c8b3e8a69d8e4be8bfc9c909f46d1a3a
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Summary:It is important to examine the economic viability of battery storage investments. Here the authors introduced the Levelized Cost of Energy Storage metric to estimate the breakeven cost for energy storage and found that behind-the-meter storage installations will be financially advantageous in both Germany and California.