The article below provides insights from Dr. Mark O'Malley, an ICUF Visiting Professor with McGill University's Trottier Institute for Sustainability in Engineering and Design (TISED). Dr. O'Malley (from University College Dublin) coordinated the recently released EASAC's policy-related report on "Valuing dedicated storage in electricity grids".
Storage ‘not fundamentally needed’ for future power grid, scientists say
The emergence of household batteries, along with small-scale solar photovoltaic and plug-in electric cars, is slated to transform electricity storage, according to a new state-of-the-art report by European science academies. But experts claim storage is not actually fundamentally needed.
“Storage is widely acknowledged today as an expensive option, but its costs are falling and its value is improving,” said a new report by the European Academies of Science Advisory Council (EASAC), published on Monday (19 June).
The report takes stock of the latest scientific evidence on the use of storage in electricity grids and highlights what policymakers can do to boost grid-connected storage in the future.