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OE Releases Technology Strategy Assessment Reports
Today, the Office of Electricity (OE) released a series of reports detailing the exciting opportunities afforded by 10 energy storage technologies. These reports, titled Technology Strategy Assessments, are part of the Department of Energy’s (DOE’s) Storage Innovations 2030 effort initiated in 2022 to develop quantifiable research, development, and deployment pathways to achieve the targets identified in the Long-Duration Storage Energy Earthshot. This initiative seeks to achieve 90% cost reductions for technologies that can provide 10 hours or longer duration of energy storage by 2030. There is also a report on the methodology used to assess these technologies.
Each report focuses on one of 10 long-duration energy storage technology options:
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- Pumped Storage Hydropower
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- Compressed-air Energy Storage
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Some technologies might sound familiar because they already have proven use cases over the decades; the reports dive into opportunities to improve and deploy them at scale. Other technologies have not yet reached viability for national use, but present excellent opportunities for new research into their implementation.
The reports assess these promising technologies for viability in 2030, recommend research pathways and stakeholder partners to achieve goals, and highlight national lab capabilities to enable this work. They also identify key research and development barriers to deploying these long-duration storage technologies and outline the collaborations to advance the industry.
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