Energy Storage Well Past the ‘Tipping Point,’ Panel Says

on December 12, 2017

WASHINGTON — Speakers at the GridWise Alliance’s GridCONNEXT conference last week left no doubt: Electric storage is long past the “tipping point.”

Moderator Ram Sastry, vice president of infrastructure and business continuity for American Electric Power, had posed the question: “Are we going to see large-scale deployment of energy storage systems? And if not, what’s stopping that?”

“I think we’re at or past that tipping point,” responded Andy Marshall, practice director for distributed energy resource management at Landis & Gyr. “I think you see the flexibility of storage and its ability to get deployed relatively quickly. You have not only the stuff that’s going on down in Australia, but you also have the things that are happening most recently in California.”

On Dec. 1 — the first day of summer for Australia — Tesla turned on a 129-MWh lithium ion battery, the world’s largest,   to help the nation’s fragile electric grid. California deployed 100 MW of storage in just six months in response to natural gas constraints following the Aliso Canyon lea

Praveen Kathpal, vice president of AES Energy Storage, said “the technology is mature,” noting that his company entered the business a decade ago. AES claims 500 MW of storage already deployed or in development.

“There haven’t been any components that needed to be invented for any of the deployments that we’ve done, because they’re all based on lithium ion battery technology, which was commercialized 25 years ago and has benefited from its use in the consumer electronics and transportation sector,” Kathpal said.

“The tipping point we see in storage is really meshing with some of the other megatrends facing our industry right now. We have the accelerated growth in renewables, and we also have the electrification of more sectors including transportation.”

Kathpal predicted new storage technologies will break below the current pricing floor for lithium ion. “So, 10 years from now, do I think we’ll have a commercially available storage technology that’s below $100/kWh? Sure. And that’s exactly why at AES the technology platform we’ve developed is forward compatible with technology change.”

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RTO InsiderEnergy Storage Well Past the ‘Tipping Point,’ Panel Says