Andrew Kaplan focuses his practice on providers of energy storage, demand response, ancillary services, and electricity and gas transmission and supply, both in the wholesale and retail markets
A new program in Puerto Rico could tap thousands of residential solar-plus-battery systems to help keep the island’s grid from going dark during the height of hurricane season. Sunrun says it’s planning to launch a first-of-its-kind initiative later this summer that will turn customers with rooftop solar panels and battery backup systems into emergency grid responders.
Industry and Department of Energy experts say long-duration energy storage is key to growing renewable energy and fixing the new transmission project backlog.
The market for hydrogen energy storage was valued at USD 14.72 billion in 2021 and is anticipated to reach USD 26.94 billion by 2030, with a CAGR of 7.1% from 2022 to 2030. The industry is expanding as a result of rising urbanization and industrialization in developing nations as well as a rapid shift toward renewable energy sources.