Article on investment attractiveness of batteries combining applications published
Researchers from SusTec and the Energy Politics Group (EPG) have analyzed how combining different applications affects the investment attractiveness of stationary batteries.
They find that combining different applications, i.e., simultaneously creating value in different ways for different users, can increase investment attractiveness substantially. In some cases, batteries could be profitable right now if non-market barriers were removed. Batteries could therefore diffuse much faster than some anticipate.
Their findings based on a techno-economic model applied to the case of Li-ion batteries serving multiple stationary applications in Germany.
The paper can be found Download here