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LONG-TERM STORAGE GETS A CLOSER LOOK WITH THE GROWTH OF RENEWABLES, DECARBONIZATION PUSH

Energy storage in recent years has been touted as a potential holy grail for the power sector and the technology continues to see impressive growth in the U.S. in terms of deployments.

With continued growth in wind and solar power, long duration energy storage is seen by some as a key way in which to help smooth the country’s transition to a future where renewable energy plays a central role in the overall power supply mix and the push for decarbonization continues apace.

Long-duration storage is still in the early stage of the product maturity curve and there are many economic and operational challenges that must be addressed if it is to play a key role in supporting the grid.

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