What is the future of energy storage?

Storage enables electricity systems to remain in balance despite variations in wind and solar availability, allowing for cost-effective deep decarbonization while maintaining reliability. The Future of Energy Storage report is an essential analysis of this key component in decarbonizing our energy infrastructure and combating climate change.

Why is energy storage important in peaker-type applications?

The modeling shows the high value of energy storage in peaker-type applications. Storage also increases the efficiency of different types of generation assets by reducing overgeneration from PV and wind and reducing costly start-ups of thermal generators. Technical Report: The Challenge of Defining Long-Duration Energy Storage

What role does energy storage play in a low-carbon power grid?

Through the SFS, NREL analyzed the potentially fundamental role of energy storage in maintaining a resilient, flexible, and low carbon U.S. power grid through the year 2050.

Why is energy storage important?

Energy storage is a potential substitute for, or complement to, almost every aspect of a power system, including generation, transmission, and demand flexibility. Storage should be co-optimized with clean generation, transmission systems, and strategies to reward consumers for making their electricity use more flexible.

What is the storage Futures Study (SFS)?

The Storage Futures Study (SFS) considered when and where a range of storage technologies are cost-competitive, depending on how they're operated and what services they provide for the grid.