World Energy Council publishes new research report about progress in energy storage

by David Fleschen

The World Energy Council has published its latest Insights Brief with the launch of Innovation Insights Brief: “Five Steps to Energy Storage”. Developed in collaboration with the California Independent System Operator (CAISO), the Brief outlines the steps necessary to enabling progress in the deployment of energy storage.

The Brief contains exclusive information on the current state-of-play of energy storage and showcases 10 case studies focused on a the latest technologies being deployed across varied geographies, providing actionable insight based on lessons learned and concrete examples of new developments in the energy storage space.

The Council’s research shows that, whilst there is plenty of visionary thinking, recent progress has focused on short-duration and battery-based energy storage for efficiency gains and ancillary services. There is limited progress in developing daily, weekly and even seasonal cost-effective solutions which are indispensable for a global reliance on intermittent renewable energy sources.

In response, the Brief includes an actionable five-step approach to enabling energy storage and truly capturing its potential as a flexibility tool.

Working with its global network, the Council will convene interactive workshops to further test and accelerate the adoption of this approach. 

Source: World Energy Council, Photo: Fotolia

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