27/11/2024

Fireside Chat: Assessing the Need for Long-Duration Energy Storage: Is It Essential for Our Future? 

Long-duration energy storage (LDES) is seen as a key technology to ensure a reliable, low-carbon energy future, particularly as renewable energy sources like wind and solar become more prevalent. LDES can store excess energy over longer periods, addressing intermittency and providing stability when generation dips. Despite its potential, there are challenges in scaling LDES in the UK, including high costs and regulatory barriers. 

 International case studies, such as Australia’s 200MWh pumped hydro storage project and the UK’s growing interest in iron-air batteries, highlight successful applications. This session will explore LDES’s role in the energy mix, its scalability, and the regulatory environment needed to support its adoption   

Discussion Points:   

• Is there a need for Long Duration Energy Storage in the future energy mix? Why do some consumers hold apprehension towards it?    

• What are some of the most successful case studies for it’s application internationally?   

• How do we ensure Long duration energy storage is scalable in the UK? How do we ensure a favorable regulatory environment?