Kevin LeecasterIn the models with only short-duration lithium-ion batteries available, over 60 GW of battery capacity is built by 2040 to shift renewable generation and meet peak demand. However, this capacity only provides 538 GWh of energy storage.
Whereas when long-duration and multi-day storage are available, total storage capacity needs drop to around 40 GW. But critically, total energy storage capacity grows nearly 10x to over 5,000 GWh. #LDES #Batteries #MastodonEnergy
https://pv-magazine-usa.com/2023/08/21/multi-day-energy-storage-increases-grid-capacity-by-factor-of-ten/
Multi-day energy storage increases grid capacity by factor of ten
Form Energy released a white paper that provides further evidence that multi-day energy storage, like its iron-air technology, can substantially reduce the costs for New York to achieve its ambitious decarbonization targets.