It's Time to Power Up
By Deborah Smith, The CenterCap Group
As the energy industry transitions to renewable sources, the real estate sector can participate in the growing battery energy storage sector through several interesting plays.
Battery energy storage is a critical component in the world’s move towards renewable energy supply. With this shifting focus, the real estate industry could find yet another market opportunity — one that sits at the intersection of real estate and infrastructure.
Before we get into growth in battery energy storage, it is worth understanding how electricity supply and delivery are changing. For the past century, most electricity was produced in large, fossil fuel power plants that operated 24/7. Energy supply from wind, solar and other renewable sources was irregular, intermittent and hard to predict, which limited their economic usefulness. Supply could only reliably meet demand with fossil-based generation.
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