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The National Renewable Energy Laboratory (NREL) publishes benchmark reports that disaggregate photovoltaic (PV) and energy storage (battery) system installation costs to inform SETO's R&D investment decisions. This year, we introduce a new PV and storage cost modeling.
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A typical microgrid scope has a dispatchable distributed energy resource (dDER), another energy resource such as a solar PV, and a storage system such as a battery energy storage system (BESS).
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While integrating solar panels with a microgrid network can provide additional benefits and shrink your carbon footprint, a standalone battery energy storage system with microgrid control systems still offers significant advantages in terms of cost savings, resilience and energy.
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