- Published: 06 July 2017 06 July 2017
The recent global announcements of integrated wind plus storage hybrid systems point to increasing stability in the storage market according to a flash note published by MAKE. Several of the major wind turbine OEMs have committed to research and development of storage hybrid systems.
The market for hybrid systems will continue to grow but will require additional support to sustain further development. Strong support for targeted incentive programs and regulatory policies remain critical to maintain the positive momentum in energy storage and hybrid systems development. Storage technology costs continue to plummet. As the sophistication of system integration controls grows, and regulator confidence increases, the economic case for storage will drive the longterm health of the industry.