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What is Best for Long-Term Energy Storage?

4 min read

According to the International Energy Agency, the global long-duration energy storage market is projected to reach $17.00 billion by 2034. As demand for renewable energy grows, finding what is best for long-term energy storage is critical for stabilizing the grid and enabling a clean energy future.

Quick Summary

Several technologies compete for the title of best long-term energy storage, including pumped hydro, flow batteries, and hydrogen storage. Each offers unique advantages in terms of cost, scalability, and environmental impact, with the ideal solution depending on specific application needs.

Key Points

  • No Single 'Best' Solution: The optimal long-term energy storage technology depends on specific needs, including cost, location, and required duration.

  • Pumped-Storage Hydro is Reliable but Location-Dependent: This mature technology offers high capacity and a long lifespan but requires specific geography with reservoirs.

  • Flow Batteries Offer Scalability and Safety: They use liquid electrolytes, allowing for independent scaling of power and energy, and are inherently safer than some lithium-ion alternatives.

  • Hydrogen Enables Seasonal Storage: By converting electricity to hydrogen, this method allows for very long-duration storage, suitable for managing seasonal energy surpluses.

  • Thermal Storage is Effective for Heat-Related Applications: TES stores energy as heat or cold and is ideal for integration with solar thermal plants, offering storage for several days.

  • A Diverse Portfolio is Key for Future Grid Resilience: Combining short- and long-duration storage technologies, like batteries and PSH, creates a more flexible and stable energy grid.

  • Emerging Tech and AI are Advancing Storage: Innovations in gravity storage, alternative battery chemistries, and AI-driven optimization are shaping the next generation of energy storage solutions.

In This Article

Comparing the Top Long-Term Energy Storage Technologies

Long-duration energy storage (LDES) is a collection of technologies capable of discharging energy for periods longer than a typical battery, often defined as eight hours or more. The best option for long-term energy storage is not a single technology but rather a range of solutions depending on specific needs, including geography, duration, and cost.

Pumped-Storage Hydropower (PSH)

Pumped-storage hydropower is a mature and widely used technology that leverages gravity to store energy. It works by pumping water from a lower reservoir to an upper one during times of low energy demand, using surplus electricity from renewable sources like solar or wind. When electricity is needed, the water is released back downhill through turbines to generate power.

  • Pros: PSH boasts a long lifespan, often over 50 years, and high efficiency, with round-trip efficiency typically between 70% and 80%. It is highly reliable and provides grid stability services. PSH offers the highest energy storage capacity among current technologies.
  • Cons: This technology is highly dependent on specific geographic locations with suitable elevation differences and water sources. Construction costs are high, and projects can have significant environmental impacts on local ecosystems.

Flow Batteries

Unlike conventional batteries that store energy in solid electrodes, flow batteries store energy in liquid electrolytes contained in external tanks. The system's power capacity can be scaled independently of its energy capacity simply by adjusting the size of the tanks. Vanadium redox flow batteries (VRFBs) are a prominent example, known for their scalability and stability.

  • Pros: Flow batteries have a long cycle life with minimal degradation over time. They use non-flammable, non-toxic electrolytes, making them safer than some alternatives. Their scalability is highly flexible, making them suitable for large-scale grid applications.
  • Cons: They have a lower energy density compared to lithium-ion batteries and currently carry a higher capacity cost, although this is improving. The technology is still maturing commercially.

Hydrogen Energy Storage

Power-to-gas-to-power systems use excess electricity to produce hydrogen via electrolysis. The hydrogen is then stored, often in underground salt caverns, before being converted back into electricity via fuel cells or gas turbines when needed. This provides a pathway for extremely long-duration, even seasonal, storage.

  • Pros: Hydrogen offers high-capacity, long-duration storage capabilities, potentially up to 1,000 hours or more. It is a versatile energy carrier that can be used for electricity generation, heating, or transportation. Storing it in geological formations like salt caverns can be highly cost-effective for capacity.
  • Cons: The round-trip efficiency is relatively low due to energy losses in conversion processes. The initial capital investment for electrolyzers and fuel cells is high, and the infrastructure is still developing.

Thermal Energy Storage (TES)

TES captures energy as heat or cold using a storage medium, such as molten salt or specialized materials. This stored thermal energy can later be used to generate electricity with a turbine or for heating/cooling purposes. This technology is particularly well-suited for applications involving solar thermal power plants.

  • Pros: TES systems can retain energy for several days. Molten salt systems offer low-cost, effective storage for high-temperature applications. They often use abundant and inexpensive materials.
  • Cons: They are not as efficient as some other methods. The technology is currently more niche and less applicable for all grid-scale needs compared to broader solutions.

Long-Term Energy Storage Comparison Table

Technology Duration Scalability Efficiency (Round-Trip) Cost ($/kWh capacity) Environmental Impact Status
Pumped-Storage Hydro Hours to Days High (Site Dependent) 70-80% $106-200 (2025 proj.) Significant land/water use Mature
Flow Batteries Hours to Weeks High (Modular) 65-80% $555-951 (2025 proj.) Lower material risk, less toxic Commercializing
Hydrogen Storage Days to Seasonal High (Storage Size) 30-50% (P2G2P) Varies widely based on storage Potential for emissions, but scalable Emerging
Thermal Energy Storage Hours to Days High (Tank Size) 50-85% $25-70 (molten salt, Euro/kWh) Low material toxicity, requires space Commercial

The Evolving Future of Long-Term Storage

The landscape of long-duration energy storage is dynamic, with emerging technologies challenging established norms. Technologies like gravity-based storage, which lifts and lowers heavy objects to store energy, offer a mechanical alternative to chemical batteries, with a long operational life and no hazardous materials. Advanced battery chemistries beyond lithium-ion, such as sodium-ion and zinc-air, are also gaining traction for long-duration applications due to lower cost and increased safety. Artificial intelligence and predictive analytics will play a crucial role in optimizing the usage and performance of these diverse storage systems, ensuring a more resilient and efficient grid. The ultimate solution will likely involve a hybrid approach, using a mix of short-duration, fast-response batteries alongside large-scale, long-duration storage technologies to balance grid needs.

Conclusion: A Diverse Portfolio is the Best Path Forward

There is no single "best" solution for long-term energy storage, as the ideal choice depends on the scale, duration, and local resources available. For large-scale, geographically constrained projects, pumped-storage hydropower remains a robust and reliable option. For modular, large-scale deployment with a long cycle life, flow batteries offer an increasingly viable solution. Emerging technologies like hydrogen and advanced thermal storage promise long-duration and seasonal capabilities crucial for a fully decarbonized grid. The most effective strategy involves deploying a diversified portfolio of these technologies, each optimized for different grid services and timescales. This multi-faceted approach will be essential to enable the massive-scale integration of intermittent renewables and achieve a resilient, sustainable energy future.

Visit the Department of Energy for more information on energy storage research.

Frequently Asked Questions

Lithium-ion batteries are excellent for short-to-medium duration storage (1-4 hours) due to their high energy density and quick response times. However, they are not cost-effective for the multi-day or seasonal durations required for true long-term energy storage, which is where technologies like pumped hydro or hydrogen excel.

The lowest cost technology for storing energy over long durations depends on the location and scale. In places with suitable geography, pumped-storage hydropower is a very cost-effective option for capacity. For multi-month or seasonal storage, hydrogen stored in underground salt caverns could be the cheapest, as it costs less to scale up capacity by expanding storage reservoirs.

The environmental impact varies significantly by technology. Lithium-ion batteries have concerns related to raw material extraction and disposal. Pumped hydro projects can impact local ecosystems and land use. However, all energy storage technologies contribute positively by enabling more widespread use of renewables and reducing reliance on fossil fuels, which lowers overall carbon emissions.

Flow batteries are well-suited for long-duration storage, with a capacity that can range from hours to days or even weeks. Because the liquid electrolytes are stored in external tanks, the energy capacity can be easily scaled up by increasing the tank size.

Long-term energy storage is essential for integrating intermittent renewable sources like wind and solar. It allows surplus energy generated during peak production times (e.g., a sunny day) to be saved and discharged during periods of low production (e.g., cloudy days or windless nights), ensuring a consistent and reliable energy supply.

In energy storage, power refers to the maximum amount of electricity a system can discharge at a single point in time, typically measured in kilowatts (kW) or megawatts (MW). Energy refers to the total amount of electricity the system can store and discharge over time, measured in kilowatt-hours (kWh) or megawatt-hours (MWh).

AI will help optimize battery usage and management by predicting energy demand and adjusting charge/discharge cycles. This predictive capability can extend battery life, increase efficiency, and enable smarter grid management, ensuring that stored energy is used most effectively.

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Medical Disclaimer

This content is for informational purposes only and should not replace professional medical advice.