Full Title: Net-Zero Heat: Long Duration Energy Storage to Accelerate Energy System Decarbonization
Author(s): Long Duration Energy Storage (LDES) Council
Publisher(s): Long Duration Energy Storage Council, McKinsey and Company
Publication Date: November 8, 2022
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This report presents the latest view on the role of LDES in helping achieve net-zero power and heat by 2050, focusing on the potential role of thermal energy storage (TES) in realizing net-zero heat. It builds on prior LDES Council research and analysis and presents updated cost perspectives based on data from LDES Council members. As a follow- up to previous LDES Council publications, this report focuses on the heat sector, a pivotal component in achieving global decarbonization and climate targets. Accordingly, it also focuses on a particular set of LDES technologies, TES, which can store heat, decarbonize heat applications, and integrate renewables in this sector and the broader energy system. It highlights the relationship between power LDES and TES to accelerate the energy transition, and the role that TES plays in decarbonizing heat applications.