Fitch: Market Dynamics Favor U.S. Grid Energy Storage in 2015

NEW YORK--()--Grid energy storage could see an increase in investments in 2015, according to Fitch Ratings' new Energy Storage Dashboard. A falling cost curve and technological advancements have recently generated considerable interest in the sector.

Fitch believes that transmission grid storage could reduce costs for utilities and improve reliability. However, distributed storage solutions along with rooftop solar could threaten the traditional utility model by allowing customers an option to break away from the grid. This could also be a game changer for pure play merchant generators.

Much depends on whether storage solutions will be treated as a regulated asset and when a merchant solution will become economically viable.

The full 'Energy Storage Dashboard' is available at 'www.fitchratings.com'.

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria and Related Research: Energy Storage Dashboard

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Contacts

Fitch Ratings
Daniel Neama
Associate Director
+1-212-908-1561
Fitch Ratings, Inc.
33 Whitehall
New York, NY 10004
or
Shalini Mahajan
Senior Director
+1-212-908-0351
or
Media Relations
Brian Bertsch, +1 212-908-0549
New York
brian.bertsch@fitchratings.com

Contacts

Fitch Ratings
Daniel Neama
Associate Director
+1-212-908-1561
Fitch Ratings, Inc.
33 Whitehall
New York, NY 10004
or
Shalini Mahajan
Senior Director
+1-212-908-0351
or
Media Relations
Brian Bertsch, +1 212-908-0549
New York
brian.bertsch@fitchratings.com