GC080-03
Role of long-duration energy storage in variable renewable electricity systems
Role of long-duration energy storage in variable renewable electricity systems
Friday, 11 December 2020: 20:45
Virtual
Abstract:
Reliable and affordable electricity systems based on variable energy sources such as wind and solar may depend on the ability to store large quantities of low-cost energy over long time-scales. Here, we use 39 years of hourly U.S. weather data, and a macro-scale energy model to evaluate capacities and dispatch in least-cost, 100% reliable electricity systems with wind and solar generation supported by long-duration storage (LDS; 10 hours or greater) and battery storage. We find that the introduction of LDS lowers total system costs relative to wind-solar-battery systems, and that system costs are twice as sensitive to reductions in LDS costs as to reductions in battery costs. In least-cost systems, batteries are used primarily for intra-day storage and LDS is used primarily for inter-season and multi-year storage. Moreover, dependence on LDS increases when the system is optimized over more years. LDS technologies could improve the affordability of renewable electricity.

