Research commissioned by IEEE and conducted by Zpryme details how energy storage, distributed generation and microgrid technologies will evolve globally over the next five years due to rapid smart grid deployment.

The report comes to some interesting conclusions. First, private and public sector funding for microgrid, distributed generation and grid-level storage research and development, and projects/pilots would contribute to more cost-effective solutions, inform better business cases and help reveal best practices around installation, application and optimization for the technologies.

via Smart grid driving energy storage, distributed generation, microgrids – FierceSmartGrid.