This article discusses the impact on energy production from home-use battery storage.
With increases in renewable generation and advances in battery technology, the energy storage market has begun to take off, especially for small-scale batteries. The Tesla Powerwall battery has become a household name since its first release in 2015 and second model in November 2016. Though one of the most-recognized small-scale batteries available, the Powerwall is not alone in the expanding small-scale energy storage market. LG, Mercedes, Panasonic, Nissan, and other international companies all make small-scale at-home batteries. Smaller companies like Pika Energy in Maine have also carved out a place in the market. Given this recent growth, Synapse set out to analyze the benefits such technologies provide to the utility system and to customers.