As California, Oregon, and Washington pursue aggressive decarbonization policies, significant amounts of baseload coal and natural gas will be retired. These fossil fuel plants will be replaced with renewable generation, which could lead to capacity shortages. Bulk long duration energy storage will be vital to ensuring the viability of the grid, and pumped storage hydro presents a cost-effective solution.
This webinar explored the need for bulk long duration energy storage to provide dispatchable generation and grid reliability services. Alex Eller, senior research analyst at Guidehouse Insights, was joined by Nathan Sandvig, director at National Grid Ventures, and Ralph Dassonville, senior market analyst at Alpiq, to discuss how they have used long duration energy storage, including pumped hydro, to integrate renewable generation. The panelists also discussed how energy storage can help address the capacity challenges facing the Pacific Northwest.
For more information on this topic, download the related white paper commissioned by National Grid Ventures, What Is Driving Demand for Long Duration Energy Storage?