Gearing up your company to capitalize on the utility-scale energy storage boom in the US
A decarbonizing grid relying on variable renewable – solar PV and wind – for the lion’s share of the energy it integrates, will over time require energy services and increasingly rely on energy storage to maintain inertia and firmness. Whichever storage technology you work with – pumped hydro, long duration or batteries, storage is poised for near-exponential growth until 2050. According to a recent NREL report, energy storage is expected to grow 6x in the most conservative scenario to 150GW deployed to 8x or 680GW in the most aggressive scenario.
Whilst the growth opportunities are huge in scale, so are the challenges that the industry is facing. Project developers face a patchwork of regulation and permitting processes through the country which means entry barriers are high. Projects and business models aren’t standardized and take time to work out for each specific case. The industry still needs considerable de-risking and competition is rife. To top it all, supply chains are clogged with bottlenecks and costs have been coming up for the last months.
Join this event to capitalize on the opportunities to build energy storage projects in the US over the next 5 years.
Join this online workshop to learn about:
Energy storage opportunity in the US analyses and forecasts
Permitting strategies geared towards completion of storage and hybrid projects across the US
Merchant project financing, PPAs and the latest to finance your storage project in the US
LONG TERM OPPORTUNITIES: Long duration energy & seasonal storage
The role of long duration energy storage and spinning reserves keeping the grid stable
Whilst it is undeniable that over the next few years Li-Ion will be the main deployed technology, technical limitations mean that long duration and seasonal storage will over time gain central stage in storage development until 2050. Understanding the evolution of market structure & pricing for the development of this technologies is critical as ISOs don’t currently compensate LDES adequately. The term long duration technologies refers to a variety of technologies with duration capabilities ranging from 4-6h+, to several days and stational storage. In this session we analyze the available technologies, their cost and capabilities in detail, and we match them up with grid needs in the US market.
• Understand how the increasing loss of spinning reserves, baseload power and grid inertia will have to be managed over time by LDEs that can help the grid manage the variability of solar PV and wind
• Hear about long duration and seasonal technologies and each of their capabilities and cost-opportunity
• Consider commissioning times and milestones of LDEs as well as prices and value to the grid to add longer duration projects to your portfolio
Places are limited, so make sure to reserve your spot here today:
If you can’t attend, register anyway and you’ll receive the recordings and presentations a few days after 😉