U.S. utility-scale battery storage applications from 2016-2022 broken down by services provided in megawatts.
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Batteries are helping reduce our carbon pollution!
Do you know what arbitrage means in relation to grid-connected batteries?
Arbitrage is a new industry created by our clean energy transition. In general, arbitrage is a battery storage unit charging its batteries during low-price periods and discharging them during high-price periods. Battery operators in the RTO markets of Texas and California collectively accounted for 95% of all arbitrage use case capacity.
Look at this exponential growth:
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