Shorter duration storage is currently being installed to support today’s increasing amount of renewable energy generation and electrification. Increasing amounts of renewables will be deployed on the grid and building and vehicle electrification will continue to rise. Longer duration storage technologies are needed as the nation must increases access and availability of renewable energy sources. Long duration energy storage – defined as systems that can store energy for more than 10 hours at a time – would support a low-cost, reliable, carbon-free electric grid. Cheaper and more efficient storage will make it easier to capture and store clean energy for use when energy generation is unavailable or lower than demand. Cheaper, longer energy storage is needed to increase local control of the power system, build resilience for communities, minimize power grid disruptions, and help reach decarbonization goals
How does LDES “fit” into a broader market landscape?
What are the policy gaps that create barriers for LDES?
What are the regulatory changes that need to be made?
How can the market properly compensate LDES so we can deploy at scale and get benefits?