Full Title: Deploying Long-Duration Energy Storage in Virginia
Author(s): Stephanie Gagnon, Rodriguez Peter, Trousdale Eleanor Crone
Publisher(s): Center for Climate and Energy Solutions
Publication Date: October 5, 2024
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Description (excerpt):
Energy storage is crucial to enabling new clean energy to serve as firm, reliable electricity generation. Virginia has one of the largest state-level energy storage targets in the country, with a goal to deploy 3.1 GW of energy storage capacity by 2035—enough to power more than 2.3 million homes—and aims to procure 100 percent of its electricity from non-emitting sources by 2045. As the state looks to grow its share of renewable energy, deploying energy storage—and particularly long-duration storage—can help to maximize the utilization of this energy while supporting grid reliability. This brief provides insights from a roundtable hosted in Richmond in June 2024 that explored the opportunity for long-duration storage in Virginia, and the associated market, regulatory, and technological challenges.