LONDON, Jan. 28, 2022 (GLOBE NEWSWIRE) — Aging infrastructure to transmit and generate power has forced utilities to upgrade and invest in the policies used for distributed energy resources (DER), which involve demand-response capabilities, renewable energy, and other energy-saving technologies to reduce and control energy use and better manage bills. However, rising investments in energy distribution systems would create demand for distributed energy resources (DER), which will be fueling the growth of energy storage as a service market. Moreover, growing energy utilization and rising popularity for power management in the residential, as well as industrial sectors, the convenience and cost-effectiveness accessible through the energy storage services, are attracting users globally.
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Energy Storage as a Service Market Size with Growth $
