Wind

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 sustainable 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.

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