Behind-the-meter residential storage has been much talked about, but looking at application by market segment, very little capacity has actually been installed. IHS Markit says that an increasing number of ways to monetize distributed battery value are going to be introduced. Bundled together with the eagerness of grid operators to regulate grid exports, rapidly dropping feed-in tariff rates, and growing financial support for batteries, the time for wider storage adoption may be nigh.
A Fronius Symo hybrid inverter with solar battery. The Austrian power electronics manufacturer offers a fairly comprehensive set of smart appliances to drive self-consumption. Such devices can offer full back-up power – a much-discussed feature that has become even more popular during the pandemic.
Image: Fronius
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