BOSTON — With the right amount of encouragement, energy storage technology, a field that can range from batteries to more novel contraptions, could account for 600 megawatts of energy in Massachusetts by 2025, providing more than $800 million in savings and reducing greenhouse gases by the equivalent of removing 73,000 cars from the road, according to a new study.
“Storage is going to be an integral technology,” Energy and Environmental Affairs Secretary Matthew A. Beaton of Shrewsbury told reporters Friday, Sept. 16. He called it a potential “game-changer,” a term that others have also used to describe the technology’s promise.
Department of Energy Resources Commissioner Judith Judson said storage could reduce the impact of the costliest days for purchasing electricity when power generation is stretched thin and prices spike. Electricity costs fluctuate constantly with the changing cost of fuel and other means of generation.
Judson said last year the most expensive 1 percent of electricity hours accounted for 8 percent of electrical costs.