What is the final analysis report of the energy storage sector

What is NREL's storage futures study?

This report is the seventh and final publication from the National Renewable Energy Laboratory’s (NREL’s) Storage Futures Study (SFS). The SFS is a multiyear research project that explores how energy storage could impact the evolution and operation of the U.S. power sector.

What types of energy storage systems can esettm evaluate?

ESETTM currently contains five modules to evaluate different types of ESSs, including BESSs, pumped-storage hydropower, hydrogen energy storage (HES) systems, storage-enabled microgrids, and virtual batteries from building mass and thermostatically controlled loads. Distributed generators and PV are also available in some applications.

How does energy storage impact the power sector?

The increase in value and opportunities for energy storage translates into increased storage deployments as the role of VRE in the power sector increases. energy contribution for a range of assumptions and constraints across scenarios from multiple studies.

How much energy is stored in a battery?

Globally, over 30 gigawatt-hours (GWh) of storage is provided by battery technologies (BloombergNEF, 2020) and 160 gigawatts (GW) of long-duration energy storage (LDES) is provided by technologies such as pumped storage hydropower (PSH) (DOE 2020).

What role does electricity storage play?

Those include electricity storage’s role in the context of the national Renewable Energy Sources Act (EEG), acceleration of network connections, promoting the production of battery cells and system components, identifying obstacles to the development of pumped hydro energy storage (PHES) and network charging schemes.

What is the storage futures study?

Through the Storage Futures Study (SFS), the National Renewable Energy Laboratory (NREL) has aimed to increase understanding of how storage adds value, and how much, to the power system, how much storage could be economically deployed, and how that deployment might impact power system evolution and operations.