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Grid-Scale U.S. Energy Storage Capacity Could Grow Five-Fold By 2050

Grid-Scale U.S. Energy Storage Capacity Could Grow Five-Fold By 2050

The Department of Energy writes on CleanTechnica that grid-scale U.S. energy storage capacity could grow five-fold by 2050.

The C3 Take
  • A new study by the National Renewable Energy Lab (NREL) has projected that grid-scale energy storage could grow exponentially in the United States in the coming years.
  • This growth in energy storage will be driven by a variety of factors including market forces and innovation.
  • This report highlights the importance of private-sector leadership in order to advance clean energy.

“Across all scenarios in the study, utility-scale diurnal energy storage deployment grows significantly through 2050, totaling over 125 gigawatts of installed capacity in the modest cost and performance assumptions — a more than five-fold increase from today’s total. Depending on cost and other variables, deployment could total as much as 680 gigawatts by 2050.”

Read the full article here.

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