Effects of deep reductions in energy storage costs on highly reliable wind and solar electricity systems

HIGHLIGHTS

  • who: Fan Tong from the of Global Ecology, Carnegie Institution for Science, Stanford, CA, USA have published the Article: Effects of Deep Reductions in Energy Storage Costs on Highly Reliable Wind and Solar Electricity Systems, in the Journal: (JOURNAL) of September/25,/2020
  • what: Studies using this approach have often concluded that if energy storage costs were $100/kWh (i.e., a factor of 2-5 reduction from current cost estimates that range from $200-500/kWh ), VRE generation supported by energy storage would be the cheapest way to produce electricity (Braff et_al, 2016; Kittner . . .

     

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