What is the energy storage Grand Challenge?

This report, supported by the U.S. Department of Energy’s Energy Storage Grand Challenge, summarizes current status and market projections for the global deployment of selected energy storage technologies in the transportation and stationary markets.

Will future efforts include other energy storage technologies?

Future efforts will update data presented in this report and be expanded to include other energy storage technologies.

Where will stationary energy storage be available in 2030?

The largest markets for stationary energy storage in 2030 are projected to be in North America (41.1 GWh), China (32.6 GWh), and Europe (31.2 GWh). Excluding China, Japan (2.3 GWh) and South Korea (1.2 GWh) comprise a large part of the rest of the Asian market.

How much energy is stored in the world?

Worldwide electricity storage operating capacity totals 159,000 MW, or about 6,400 MW if pumped hydro storage is excluded. The DOE data is current as of February 2020 (Sandia 2020). Pumped hydro makes up 152 GW or 96% of worldwide energy storage capacity operating today.

Can energy storage technologies improve the utilization of fossil fuels?

The report provides a survey of potential energy storage technologies to form the basis for evaluating potential future paths through which energy storage technologies can improve the utilization of fossil fuels and other thermal energy systems.

Why are energy storage technologies undergoing advancement?

Energy storage technologies are undergoing advancement due to significant investments in R&D and commercial applications. For example, work performed for Pacific Northwest National Laboratory provides cost and performance characteristics for several different battery energy storage (BES) technologies (Mongird et al. 2019). Figure 26.