- shared on November 30, 2018
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The North America behind-the-meter (BTM) distributed energy storage market has been maturing. BTM TESSs store thermal energy by heating or cooling a storage medium so that the stored energy can be used later for heating and cooling applications, in effect backing up the grid. Annual power capacity deployments of C&I TESSs in North America are expected to increase from 6.6 MW in 2018 to 68.8 MW in 2027, representing a compound annual growth rate (CAGR) of 29.8%, according to Navigant Research. How much interest does your firm have in the technology?