New 100GW US energy storage space objective 'completely practical and possible', states ESA

Aug 26, 2020 12:00 PM ET
  • The United States Energy Storage Association (ESA) has actually taken on a target of 100GW of energy storage capability in the country by 2030, an ability it said would assist facilitate better penetration of renewables.
New 100GW US energy storage space objective 'completely practical and possible', states ESA
Image: NextEra

The figure, which works as an upgrade on a previous target of 35GW by 2025, was revealed during the trade body's yearly seminar as well as described by chief executive Kelly Speakes-Backman as "entirely affordable and also possible".

But, Speakes-Backman added, getting to such a goal would need the "appropriate policies and also regulatory frameworks" to be in position. That plan atmosphere has actually been described carefully within a 'vision paper'-- referred to as '100 x 30: Enabling the clean power transformation'-- likewise launched the other day.

Likewise speaking on the opening day of the event was United States Department of Energy deputy assistant Mark Menezes, that stated in a keynote address that his department acknowledged the importance of energy storage and restated its dedication to a modern technology that would certainly sustain much deeper infiltration of renewable energy on US grids.

While storage deployment has actually a little hung back the initial 35GW by 2025 vision crafted by ESA with assistance from Navigant Research (currently called Guidehouse Insights), with BloombergNEF forecasting around 32GW already and also Wood Mackenzie Power & Renewables about 28GW, evaluation all points to an increasing price of deployment.

Indeed the three analysis and also research study firms between them predict around 85GW to 95GW by 2030. ESA says that with policies to further boost greater shares of renewables on the grid, the 100GW number is possible. 100GW would certainly sustain an objective of 50% renewables by 2030 throughout the nation - a goal shared by ESA together with other noticeable renewable as well as clean energy trade organizations consisting of teams standing for the wind, solar and also hydropower sectors. The last, by the way, consists of 16GW of new pumped storage space in its 2030 vision, which ESA also backs.

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