Tag: Ldes

According to the U.S. Department of Energy, long-duration energy storage (LDES) is defined as a system capable of discharging power for 10 or more hours at its rated power. This technology is critical for advancing a clean energy future by solving the intermittency challenge of renewable sources like solar and wind, ensuring a reliable and stable electricity supply around the clock.

The global energy storage market is projected to reach $620B by 2025, underscoring the growing need for solutions that can balance variable renewable energy sources. The key challenge lies in developing robust systems for long-term energy storage to ensure grid reliability and support decarbonization efforts.