The falsehood of innovation for battery storage in electrical grids -Hausman | Gerald R. Ford School of Public Policy

The falsehood of innovation for battery storage in electrical grids -Hausman

April 11, 2024 Techxplore

A recent electricity market analysis discovered that adding battery storage to enhance grid reliability caused power generation markets to favor coal over natural gas. Adding battery storage to electrical grids only increases grid reliability, not energy provision production. "We argue that power plants should be considered multi-product firms. Focusing on either the electricity generation or reliability market might lead to incorrect or incomplete conclusions about plant behavior," said Catherine Hausman, an associate professor in the Ford School of Public Policy at U-M.