Achieving American Leadership in the Grid Storage Supply Chain Factsheet
To meet growing demand for long duration energy storage, domestic manufacturing will have to increase significantly. The use of renewables is rapidly increasing, and the adaption of electric vehicles is on the rise, which will require the national grid to not only produce and deliver electricity, but also store it reliably and cost-effectively. The International Energy Agency (IEA) recently released a report showing that to reach a goal of net-zero emissions by 2050, grid storage will need to grow to almost 2,500 gigawatt hours (GWh) in less than a decade. Currently, across the globe, battery technologies provide over 30 GWh of grid storage(BloombergNEF, 2020) while pumped storage hydropower (PSH)provides 160 gigawatts (GW) of long-duration energy storage (LDES) (PSH) (U.S. Department of Energy, 2020). This fact sheet summarizes strategies to address key vulnerabilities in the grid storage supply chain, the United States. These strategies include: • Developing domestic, sustainable manufacturing and recycling capabilities along the energy storage supply chain. • Maximizing the use of domestic resources by focusing on second-life and recycling technologies. • Enabling the diversification and deployment of grid storage technologies through targeted research activities. Addressing these opportunities will have significant impacts with respect to increasing well-paying skilled domestic jobs, improving the gross domestic product (GDP), and ensuring minimal environmental and climate impacts.
- Research Organization:
- USDOE Office of Policy
- Sponsoring Organization:
- USDOE Office of Policy (PO)
- OSTI ID:
- 1871558
- Country of Publication:
- United States
- Language:
- English
Similar Records
Achieving American Leadership in the Rare Earth Magnets Supply Chain Factsheet
2023 Critical Materials Strategy