March 10, 2021 - 11:00 AM - 12:30 PM Eastern Time (ET)
Increased storage capacity is widely seen as a key condition to balance rapidly growing levels of variable renewable energy resources in electricity systems. The number of jurisdictions – both in the United States and elsewhere – that has adopted storage deployment targets and mandates is likewise expanding. Still, the implications of energy storage on the economic efficiency of the electricity system remain less understood, as are the role of and need for private incentives to operate and invest in grid-scale energy storage technologies. In this webinar session, organized in collaboration with the MIT Energy Initiative Electric Power Systems Low Carbon Center, two experts will offer insights from recent research on the economics of energy storage and take questions from the audience.