Buffer and smooth the variability of solar and wind-generated output and/or shifting output to enable increased delivery of renewable energy, and to maximize the value of the increased renewable energy delivered.
Storage investment payback mechanisms include:
- Providing grid Interconnection Requirements compliance to gain access to high value Power Purchase Agreement payments,
- Recovering and selling otherwise curtailed and lost renewable-generated output,
- Improving the capacity factor of renewable resources to increase the total amount of energy delivered, and,
- Shifting and shaping renewable energy to maximize its economic value.