What is the energy storage strategy & roadmap (SRM)?
WASHINGTON, D.C. – The U.S. Department of Energy (DOE) today released its draft Energy Storage Strategy and Roadmap (SRM), a plan that provides strategic direction and identifies key opportunities to optimize DOE’s investment in future planning of energy storage research, development, demonstration, and deployment projects.
Does the energy storage strategic plan address new policy actions?
This SRM does not address new policy actions, nor does it specify budgets and resources for future activities. This Energy Storage SRM responds to the Energy Storage Strategic Plan periodic update requirement of the Better Energy Storage Technology (BEST) section of the Energy Policy Act of (42 U.S.C. § 17232 (b) (5)).
How does energy storage help balance supply and demand?
Any energy storage deployed in the five subsystems of the power system (generation, transmission, substations, distribution, and consumption) can help balance the supply and demand of electricity . There are various types of energy storage technologies, and they differ significantly in terms of research and development methods and maturity.
What is the future of energy storage?
Storage enables electricity systems to remain in balance despite variations in wind and solar availability, allowing for cost-effective deep decarbonization while maintaining reliability. The Future of Energy Storage report is an essential analysis of this key component in decarbonizing our energy infrastructure and combating climate change.
Why do we need a co-optimized energy storage system?
The need to co-optimize storage with other elements of the electricity system, coupled with uncertain climate change impacts on demand and supply, necessitate advances in analytical tools to reliably and efficiently plan, operate, and regulate power systems of the future.
What is the implementation plan for the development of new energy storage?
In January , the National Development and Reform Commission and the National Energy Administration jointly issued the Implementation Plan for the Development of New Energy Storage during the 14th Five-Year Plan Period, emphasizing the fundamental role of new energy storage technologies in a new power system.
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This information was prepared as an account of work sponsored by an agency of the U.S. Government. Neither the U.S. Government nor any agency thereof, nor any of their employees,
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