How residential energy storage can support the grid
The number of residential power storage systems is expected to increase significantly in the next few years thanks decreasing technology costs, increasing electricity rates, enhanced government and utility incentives, and the increasing risk of power-disrupting natural disasters.
As residential storage becomes ever more widespread and neighborhood battery density increases, communities may be able to tap into these distributed power storage systems to reduce peak load, alleviate localized bottlenecks, and improve the quality of supplied power.
Using resources from both the grid and residential systems could help make power grids more cost-effective, reliable, resilient, and safe.
Utilities are beginning to explore compensation schemes that encourage households to make the investment in residential storage systems by defraying part of the cost of the battery.