Residential storage is where the sweet spot is, because
homeowners increasingly want a sense of control over
their energy while utilities need those distributed energy sources to help — not hurt — grid stability. Distrib-uted storage resources at the end of distribution feeders
are far more effective in improving power quality than
deployed centrally at the substation.
While traditional residential storage markets were for
off-grid or backup use, we see strongest initial growth in
grid-tied residential markets where homeowners want
solar yet are already being asked to cooperate with limits
on exporting power: areas such as Hawaii and some areas
in Australia. Energy storage is a need to have, not a nice to have, for new
solar homeowners in those markets.
Currently, C&I and utility scale lead in terms of MWh installed, but the resi
market, where there needs to be real-time interactions between highly local-
ized demand, supply, and storage (with the intelligence going down to predic-
tive weather and individual appliance control), will lead in the innovation of
intelligent, integrated energy storage systems. The challenge will be creating
solutions that completely integrate the production and consumption with the
control and optimization so that homeowners can fully leverage their system
and beneft from all of the use cases for storage.
I believe the greatest impact for energy storage with be
with residential. The reason being that the energy market
will see the biggest impact, growth and volumes to support
the smart storage in microgrids in support of the new technology globally.
Think back to the PC revolution, the telecom revolu-
tion (Internet), and cellular phone markets. This is defnite-
ly the next revolution or milestone for our power market in
direct support of the smart grid market. I have been lucky
enough to have been involved with all the previous technol-
ogy advancements and know of the volumes associated with
each that were higher than most pioneers had ever believed
possible. I can remember during my FAE days working on and receiving my
frst purchase order for a smart meter project before anyone had heard the
term; it was for 800,000 units! When I asked about the volume the energy pro-
vided, they laughed and said this is only for a beta site in south Florida.
Think about the microgrids needed to support residential homes and small
business that will be soon required.
Storage Product Line,
Manager, Precision Inc.