Applications: Stationary Energy Storage

Confirmed Policies Could Guarantee Revenues to 10 GW of LDES by 2030 LDES is heavily policy-dependent and very few projects reach FID without support. Grant programs and government loans have financed many pilot and demonstration projects, and commercial deployment being enabled by policies like cap-and-floor schemes (eg United Kingdom), regulatory mandates (eg California), and centralized procurements (eg California) that guarantee high and stable revenues.

CONFIRMED LDES POLICY SUPPORT BY GEOGRAPHY Scheme Size GW

Most revenue guarantees are state-level, including policies in California, Massachusetts, and New York in the US and New South Wales and South Australia in Australia. The UK cap-and-floor scheme is a notable exception.

Source: Content provided courtesy of Sightline Climate. Note: Includes confirmed policies that support only 8+ hour storage.

Extracted from the PDF; charts and images may read imperfectly.