DOE Targets 90% Cut in Cost of Long-duration Storage
With Multiple Technologies Available, Industry Analysts Say Goal Can be Reached
The DOE wants long-duration storage technologies — like Energy Vault's towers that raise and lower 35-ton blocks of concrete — to hit a levelized cost of 5 cents per kWh-cycle for 10 hours or more within the next decade. | Energy Vault
Sep 28, 2021
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A new initiative at DOE's national labs will use AI and machine learning to cut the time long-duration storage technologies will need to reach commercial scale.
