ETL: Solar Power, Energy Storage Make Gains in Cost-Effectiveness

SUGAR LAND--July 18, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--A new report by the Energy Transition Lab (ETL) at the University of Minnesota Institute on the Environment concluded that solar photovoltaic plus energy storage could already be more cost-effective than simple cycle peaking plants and that standalone energy storage projects will be able to compete with new natural gas-fired gas turbine peaking units by 2022.

Within this article: Details on the increasing prominence of solar power and energy storage technology.