Energy storage providers could be set to benefit as other “forward-thinking utilities” follow the example of Germany’s E.ON, in reacting to the disruptive threat posed by increasing renewables deployment and distributed generation, according to one analyst.
Cosmin Laslau of Lux Research claims in a guest blog for PV Tech’s storage-dedicated sister site, PV Tech Storage, that residential storage system providers and energy storage asset managers could be among those to benefit as, spurred on by decisions by E.ON and contemporaries including US utility NRG, utilities increasingly turn to “de-coupling” of their traditional energy generation business as stock prices decline – “like the majority of its [E.ON’s] peers in the conventional power generation arena,” Laslau writes.
Discussing the growth in home energy management and residential battery storage systems in particular, Laslau is unequivocal in pointing out that utilities must develop strategies to cope as the scale of the movement away from conventional centralised energy distribution grows.
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