To triple global renewable energy capacity by 2030 while maintaining electricity security, energy storage needs to increase six-times. To facilitate the rapid uptake of new solar PV and wind,
Energy storage is essential to a clean and modern electricity grid and is positioned to enable the ambitious goals for renewable energy and power system resilience. EPRI''s Energy Storage & Distributed Generation
Phase 3: System value analysis 43 • Capacity expansion optimisation 44 • Production cost modelling 45 • Electricity storage benefits for the power system 47 Phase 4: Simulated storage