27/11/2024
Panel: Choosing the Right Long Duration Energy Storage: A Comparative Guide
Investing in a diverse array of long-duration energy storage technologies is crucial for building a sustainable, reliable energy system. With global energy storage needs projected to grow 15-fold by 2030, options like flow batteries, pumped hydro, compressed air, and thermal storage each bring distinct advantages across different applications—from enhancing grid stability to supporting off-grid locations. This range of solutions allows for tailored approaches to energy challenges, enabling more efficient storage and balancing renewable output.
However, widespread adoption demands overcoming obstacles such as cost, efficiency, and infrastructure requirements. Selecting the right mix of storage technologies will be essential for securing a resilient, clean energy future.
Discussion Points:
- Why is it important to invest in technologies beyond lithium batteries?
- What alternatives are out there?
- Where would each technology be the most useful?