Full Title: Storage Futures Study: Key Learnings for the Coming Decades
Author(s): Nate Blair, Chad Augustine, Wesley Cole, Paul Denholm, Will Frazier, Madeline Geocaris, Jennie Jorgenson, Kevin McCabe, Kara Podkaminer, Ashreeta Prasanna, Ben Sigrin
Publisher(s): National Renewable Energy Laboratory (NREL)
Publication Date: May 19, 2022
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This report is the seventh and final publication from the National Renewable Energy Laboratory’s (NREL’s) Storage Futures Study (SFS). The SFS is a multiyear research project that explores how energy storage could impact the evolution and operation of the U.S. power sector.
The study examined the impact of energy storage technology advancement on the deployment of utility-scale storage and the adoption of distributed storage, as well as future power system infrastructure investment and operations. Some of the questions NREL sought to answer throughout this study included:
- How might storage cost and performance change over time?
- What is the role of diurnal energy storage in the power sector, even absent drivers or policies that increase renewable energy shares?
- How much diurnal grid storage might be economically deployed in the United States, both at the utility-scale and distribution-scale?
- What factors might drive that deployment?
- How might increased levels of diurnal storage impact grid operations?