Characterization and assessment of novel bulk storage technologies : a study for the DOE Energy Storage Systems program.

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Abstract

This paper reports the results of a high-level study to assess the technological readiness and technical and economic feasibility of 17 novel bulk energy storage technologies. The novel technologies assessed were variations of either pumped storage hydropower (PSH) or compressed air energy storage (CAES). The report also identifies major technological gaps and barriers to the commercialization of each technology. Recommendations as to where future R&D efforts for the various technologies are also provided based on each technology's technological readiness and the expected time to commercialization (short, medium, or long term). The U.S. Department of Energy (DOE) commissioned this assessment of novel concepts in large-scale energy storage to aid in future program planning of its Energy Storage Program. The intent of the study is to determine if any new but still unproven bulk energy storage concepts merit government support to investigate their technical and economic feasibility or to speed their commercialization. The study focuses on compressed air energy storage (CAES) and pumped storage hydropower (PSH). It identifies relevant applications for bulk storage, defines the associated technical requirements, characterizes and assesses the feasibility of the proposed new concepts to address these requirements, identifies gaps and barriers, and recommends the type of government support and research and development (R&D) needed to accelerate the commercialization of these technologies.

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