Key Findings include:
- Long-duration storage is now commonly viewed as having a delivery time of at least four hours, and the need for it is growing.
- Renewable energy self-consumption is seen as the most promising application for long-duration storage. But many other applications, from backup power to short-term operating reserves, were also cited, highlighting the potential for revenue stacking.
- The most promising technology for long-duration storage is flow batteries and the key criterion for selecting a given asset is cost, particularly the level of capital expenditure required.
Thank you for your interest in the ESS Energy WarehouseTM. More information in English can be found at ESS, Inc.’s website: essinc.com.
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