The world is not on track to limit the rise in global temperature to 1.5º Celsius...
What and Why of LDES
Long Duration Energy Storage is the technology that will enable renewable energy to power our grids and accelerate carbon neutrality. It enables surplus energy to be stored from wind, solar and other clean sources to be available when needed. Through long duration energy storage we can transition towards renewable energy in an affordable, reliable and reliable way. Wind, solar and other renewables have become low or indeed lowest cost forms of generation but need storage to match supply with demand. Consumer demand means that peaks in the morning and evening need to be met by extra supply. Today we meet the imbalance in supply and demand by burning fossil fuels. Tomorrow we will use flexible long duration energy storage. To achieve net carbon neutrality, the world’s electricity grids will need to deploy 85-140 TWh of long duration energy storage by 2040 with an investment of USD 1.5 and 3 trillion.
LDES Council overview
The LDES Council provides fact-based guidance to governments, grid operators and major electricity users on the deployment of long-duration energy storage. A CEO-led organization, the LDES Council spans a wide range of energy storage technologies and includes among its members technology innovators, energy users and investors. LDES Council will publish findings and reports to encourage the wide adoption of long duration energy storage to replace the use of fossil fuels and accelerate carbon neutrality.
The LDES Council is made up of 24 organizations that strive to accelerate decarbonization of the energy system at lowest cost to society by driving innovation, commercialisation and deployment of long duration energy storage. Members include:
Innovators developing and commercializing Long Duration Energy Storage systems.
Industry-leading companies or organization with a strong interest in the energy transition and Long Duration Energy Storage either as an end-user or a capital provider.
LDES Council Report concludes that 1.5-2.5 TW and 85-140 TWh long duration energy storage could be deployed globally by 2040
On November 23 2021 the LDES Council will publish its first annual report on the need for long duration energy storage to reach Net Zero…
Ambri secures $144m financing to commercialize and grow
Ambri Inc. has announced that it has secured a $144 million financing to commercialize and grow its daily cycling, long-duration system…
Enlighten to Present Virtually at the Energy Storage Canada Conference
Calgary, Alberta – September 28, 2021: Enlighten Innovations Inc. (“Enlighten,” the “Company”), a game changing long duration battery…
Lolland to become a hub for hot rock energy storage Odense
The energy and fibre-optic group Andel has decided to place a new energy storage facility at Rødby, an ideal location when it comes to…