Achieving the Biden administration’s goal of decarbonizing the power sector by 2035 will require a slew of energy storage technologies beyond just lithium-ion batteries, and multiple players are bringing new technology solutions to the market to fill that gap.
Lithium-ion batteries can provide four to eight hours of storage capabilities, but as the grid becomes more renewables-heavy it will require technologies with longer durations and different characteristics to mimic a “baseload” generation combination, experts say.
