6 FAQs about Is it illegal to sell industrial batteries in energy storage cabinets

Are batteries the future of storage?

Batteries are increasingly becoming a more efficient and cost-effective method of storage. The cost of lithium ion batteries in particular is expected to drop by 60% by 2020. Batteries are a significant area of focus due to their flexibility of use, fast response times, and co-location and demand reduction opportunities.

Does energy storage need a regulatory framework?

Our review demonstrates that no jurisdiction currently provides a comprehensive regulatory framework for energy storage, with the majority of jurisdictions currently allowing storage to be defined as “generation” for the purposes of licensing and other regulatory requirements.

Which energy storage technologies are being installed?

As is evident from our survey, a range of energy storage projects have been installed or are due to be deployed in the majority of jurisdictions; and whilst battery technologies are receiving the bulk of industry attention at present, a range of technologies have been, and are due to be, installed, pumped hydro storage in particular.

Who can benefit from energy storage?

Energy storage offers a range of opportunities for standalone developers, generators, network operators and consumers (ranging from large energy users through to domestic consumers) and other electricity sector participants. Storage is an increasing focus due to the range of benefits the various technologies can provide.

Why is energy storage important?

Energy storage has become an area of focus in many jurisdictions across the globe due to its potential to offer a wide range of benefits to electricity systems. This Expert Guide brings together analysis from our legal experts across 22 jurisdictions.

What is behind the meter energy storage?

Behind-the-meter energy storage systems can be used to alter a consumer's demand profile. These systems enable consumers to draw energy from the grid, and store it for later on-site use or to enable better use of any onsite generation, such as rooftop solar.

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