100×30: Enabling the Clean Power Transformation
ESA’s latest report expands upon the previous 35×25 vision and projects that by the end of the decade, the industry will see 100 GW of new energy storage systems in the U.S. by 2030.
Read the full paper here: 100×30: Enabling the Clean Power Transformation
The 100×30 paper depicts a path to 100 GW of new energy storage in the next decade, based on an extrapolation of the original 35×25 Vision report, experts’ growth projections, and the impact of accelerating the clean energy transformation of the U.S. electricity grid.
- Technologies included in the 100 GW of new energy storage include batteries, thermal, mechanical and pumped storage hydro.
- ESA estimates that 100 GW of storage deployment by 2030 would produce 200,000 jobs in the energy storage industry, roughly a threefold increase from current levels.
After an assessment of progress made toward the attainment of the 35 GW by 2025 vision, the paper describes how the need for storage will dramatically increase over the coming decade as a result of increasing levels of clean electricity generation and the drive to decarbonize the grid. Energy storage enables clean energy resource expansion while maintaining the reliability, resilience, and affordability of U.S. electricity supply. Combined with other grid benefits already provided by storage today – such as maintaining grid stability, serving as transmission or distribution assets, or helping customers manage their energy use – storage built to enable the clean energy transformation will boost deployment toward the 100 GW goal.
In addition to the market drivers, the pace of energy storage deployment will depend upon a supportive policy framework. The paper includes recommendations for legislators, regulators, and utilities to encourage energy storage through regulatory and policy reforms, such as enacting a federal stand-alone storage investment tax credit.