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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.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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