A new research centre ‘uniquely equipped’ to evaluate energy storage technologies has opened at Pacific Northwest National Laboratory (PNNL) in Washington, US.

According to Lazard, the impact of Inflation Reduction Act (IRA) incentives on the business case for battery storage in the US is now significant.

The operating capacity of battery storage in the US grew by 7.9GW last year, bringing the country’s total cumulative installed base to 17GW by the end of 2023.

In this article, experts at consultancy Apricum examine with some simple “reverse engineering” how recent low solar-plus-storage PPAs in the USA were achieved, yet another example of the competitiveness of energy storage and new market opportunities emerging via storage-plus-renewables projects.