What is 'monetizing energy storage'?

Whether you are an energy storage novice or expert, "Monetizing Energy Storage" is an indispensable toolkit. It has been brilliantly conceived and written to offer critical and timely insights into possibly the most interesting enabler of sustainable energy system transformation.

How do I cite the book monetizing energy storage?

If you would like to cite the book, please refer to it as: Schmidt O and Staffell I. Monetizing Energy Storage: A Toolkit to Assess Future Cost and Value (Oxford: Oxford University Press, 2023). The energy sector is transforming rapidly as efforts to reduce carbon emissions intensify and renewables become the cheapest source of electricity.

Who should read monetizing energy storage?

Monetizing Energy Storage is what I would consider essential reading for anyone that is new to the energy storage industry, or simply for those of us that have been in the industry for a while and need a refresher. This comprehensive text captures the dynamics of a complex market in a clearly laid out and easy to digest way.

Will energy storage drive deep decarbonization?

Energy storage could resolve these and drive deep decarbonization at lower cost. As a result, the storage industry is projected to grow to hundreds of times its current size in the coming decades. Businesses, policy-makers, and academics need to assess the economic case for energy storage and the future roles it will play.

Could energy storage solve the energy crisis?

Electric vehicles are breaking into the mainstream, and millions of wind and solar farms are replacing fossil fuel power plants, but both developments create fundamental challenges for the security of electricity supply. Energy storage could resolve these and drive deep decarbonization at lower cost.