Lazard has released the second edition of its groundbreaking Levelized Cost of Storage analysis, LCOS 2.0. The report incorporates new storage data and applications, showing continuing cost decreases and variability in storage's economic viability, and highlights US markets where storage is "in the money."
The new edition includes "Value Snapshots," which report the profitability of behind-the-meter storage "stacked value" applications (where the storage systems provide multiple revenue or savings streams) across five US markets. Energy storage is "in the money" in three of those markets, revealing how differences in regional market designs, subsidies, and energy costs impact the economic viability of storage.
Enovation Partners worked with Lazard to develop the methodology, gather the data, and conduct the analysis for LCOS 2.0 and LCOS 1.0.
Lazard, one of the world's preeminent financial advisory and asset management firms. Lazard’s Global Power, Energy & Infrastructure Group serves private and public sector clients with advisory services regarding M&A, financing and other strategic matters.