U.S. Market Prospects for Long Duration Energy Storage Technologies
Abstract
Often thought of as the ultimate solution to renewable energy intermittency, energy
storage has been one of the most sought-after technologies for a clean energy future.
The market for long duration energy storage, or LDES, is still in its infancy, driven
primarily by startups hungry to deliver a reliable, affordable, and multi-purpose
LDES to utility-scale buyers. These technologies stand in contrast to lithium-ion,
which is not expected to be economically feasible beyond 4-hour durations. Even as
the “Holy Grail of clean energy,” most LDES projects are in their pilot-phase and
few have been deployed. On behalf of Tesla, this project sought to evaluate 1) the
leading technologies, their respective specifications and the companies leading their
development, 2) the economics behind these technologies, and 3) and how federal and
state policies are enabling deployment across the United States.
Type
Master's projectDepartment
Nicholas School of the EnvironmentSubject
long duration energy storageLDES
mechanical energy
electrochemical energy
renewable energy
energy storage
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https://hdl.handle.net/10161/24917Citation
Dunchus, Andrea; & Perry, Emily (2022). U.S. Market Prospects for Long Duration Energy Storage Technologies. Master's project, Duke University. Retrieved from https://hdl.handle.net/10161/24917.Collections
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