Why do we need energy storage solutions?

As the global energy transition accelerates, the need for reliable, scalable and cost-effective energy storage solutions has never been greater.

What is the future of energy storage?

Retired power generation plants are being repurposed as storage sites, and the residential and commercial and industrial (C&I) sectors are turning to storage for electricity reliability and resilience. The U.S. and global market for energy storage continues to grow, in large part aligning with increased deployment of renewable energy facilities.

How can energy storage technology improve resiliency?

This FOA supports large-scale demonstration and deployment of storage technologies that will provide resiliency to critical facilities and infrastructure. Projects will show the ability of energy storage technologies to provide dependable supply of energy as back up generation during a grid outage or other emergency event.

How can energy storage improve energy production?

Innovations in energy storage — the capture of energy produced at one time for later use — can protect against supply chain disruptions, reinforce the grid and foster U.S. manufacturing competitiveness. Batteries now support efforts to ensure low-cost, domestic energy production.

Do energy storage systems cover green energy plateaus?

Energy storage systems must develop to cover green energy plateaus. We need additional capacity to store the energy generated from wind and solar power for periods when there is less wind and sun. Batteries are at the core of the recent growth in energy storage and battery prices are dropping considerably.

What are energy storage systems?

“Energy storage systems are an imperative part of the emerging energy mix, primarily as a mechanism to maintain grid security and address the intermittency of renewable energy to a large extent,” said Tejas Kusurkar, CEO and co-founder of Offgrid Energy Labs ( Read this POWER Interview with Kusurkar ).