![]() It is also responsible for monitoring and controlling all the connected batteries on behalf of consumers. The aggregator is responsible for deploying and maintaining wholesale-grade meters and communication software. A private company plays the role of an aggregator who aggregates all Behind-the-Meter batteries to form a virtual source of power that is capable of participating in wholesale markets. The most common business model adopted to manage the integration of Behind-the-Meter batteries for grid services is the Aggregator (Network Operator) Model. Behind-the-Meter batteries can be dispatched for frequency regulation, and demand matching as those respond almost instantly to signals to charge or discharge energy. This could help utilities avoid investing in more costly alternatives like building extra grid infrastructure or using less efficient peaking plants. As these batteries are already in place, the marginal cost of dispatching these batteries will be considerably low. A network of Behind-the-Meter batteries, which consumers have already invested in but are not using every day, can act as a resource on behalf of utilities. These batteries could be aggregated to dispatch for grid support services. Increasing adoption of Behind-the-Meter energy storage systems makes a case for providing grid balancing services. Some utilities are investing in utility-scale energy-storage solutions to improve reliability. Many grid modernization and demand response programs are in place for the same. Utilities across the globe are putting efforts to increase grid reliability and resilience. Behind-the-Meter Batteries for Grid Balancing Services Further, some policy majors like Self-Generation Incentive Program and “clean peak” policies promote the use of Behind-the-Meter energy storage. Falling costs of battery systems, solar-plus-storage benefits, time-of-use utility rate structures, purchase incentives, and payments received for grid services are other drivers. Increasing disruption risk due to severe weather conditions and bottlenecks created due to strained electric grids have led commercial, industrial and residential customers to go for a backup power supply. Power supply reliability has been the key driver of the Behind-the-Meter energy storage market. While announcements of large energy storage projects capture market attention, there is remarkable growth taking place in the Behind-the-Meter energy storage market. Grid-scale energy storage projects are being deployed globally to balance the grid and support renewable energy integration. The penetration of energy storage in the power sector is continuously increasing. Growth of Behind-the-Meter Energy Storage Market ![]()
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