Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Grid-Scale Energy Storage Technology Barriers and Opportunities
1. Grid-Scale Energy Storage
Huge Opportunity
Technology Barriers
September 2011
Contact:
nachman.shelef@gmail.com
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2. Grid-Scale Energy Storage
Huge long term opportunity
Existing solutions are not good enough
Technology breakthroughs are needed
Barriers to mainstream adoption are coming down
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3. Huge long term (2020+) opportunity
After Wind and PV, the next huge renewable market is Storage
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4. DRIVERS FOR THE MODERN GRID
OFFERS A SOLUTION!
DIGITIZATION OF INCREASED
ENERGY STORAGE
SOCIETY POWER QUALITY
ECOLOGICAL DISPATCHABLE
CONCERN RENEWABLES
GROWTH IN INCREASED
ENERGY ASSET
CONSUMPTION UTILIZATION
From: DOE - IMRE GYUK
14. Only pumped hydro in significant use
Cost important for mainstream adoption
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15. Bulk Energy Storage
Low Cost but Location Dependent
Pumped Hydro
Limited growth opportunities
Most good locations developed
Compressed Air (CAES)
Growth Opportunities
Dependent on Geology
Not pure storage
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16. Cost is important for large scale adoption
Today – storage is more expensive than generation!
Levelized Cost of Delivered Energy for Energy Storage Technologies Compared to CCGT 16
Source - EPRI
17. Today costs higher than most mainstream benefits
Application Value and System Cost Gap for All Technologies 17
Source - EPRI
18. Many Storage Technologies
but today – not a lot of options that meet application needs
and less that meet multiple application needs
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19. Existing solutions are not good enough
Technology breakthroughs are needed
Requirements for
Large-Scale Adoption of
Grid-Scale Energy Storage
• <$1,200/KW for a 6 hour AC system
Cost • <$200/KWh DC
Efficiency • >75% AC/AC
• 10,000 deep cycles
Durability • 15 year lifetime
• <100ms to full power
Speed • Fast charge and discharge
• Not dependent on geology
Location Flexibility • Transportable in containers
Safety • No danger from hazardous or explosive material 19
20. The barriers to mainstream adoption
are coming down
Storage Treated Like Other
Renewable Solutions
Storage
recognized as a Incentives and
Policy Barriers critical element of Mandates
the grid
Offset initial low Technology
Price Barriers volume pricing Breakthroughs
with Incentives and High Volume
Performance Support for R&D
Technology
Barriers Breakthroughs
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21. The likely Grid-Scale Energy Storage
market situation 2015+
High fuel prices
GHG (Green House Gas) market
Caps on new GHG emitting generators
Caps on use of diesel generators
Mandatory reductions in peak capacity
Standards or mandates for storage
Independent Storage Providers – ISPs
Storage broadly used throughout the grid
Declining incentives
22. Key to become a market leader
Technology breakthrough for “Grid Parity” storage
Start with competitive cost and potential for “grid parity”
Reduce costs with declining incentives
Become cost competitive vs. main alternative – peak generation
Meet efficiency and durability targets to broaden field of
applications
Applications
Start with niche applications or bundled benefits
Test and qualify products at utilities or end users
Tailor products to each application
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23. Energy Storage
for the Grid
September 2011
Contact:
nachman.shelef@gmail.com
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