Energy Storage - Opportunities, Challenges and Solutions

February.20.2014

As our nation pursues ambitious goals towards substantially increased renewable energy resources and reduced greenhouse gas emissions, new energy storage projects will play a major role in achieving these goals.

Indeed, California Public Utilities Commission (CPUC) Commissioners have said that "energy storage has the potential to be a 'game changer' for our electric grid," and the U.S. Department of Energy in its December 2013 comprehensive study of Grid Energy Storage noted that the "energy storage business could grow from $200 million in 2012 to a $19 billion industry by 2017."

The paper linked above examines certain aspects of the current status of energy storage in California in order to provide insights into some of the key challenges to the successful development of energy storage projects.