The U.S. Department of Energy (DOE) has announced the successful completion of the Long Duration Storage Shot program. Announced in 2021, the program was created for the Biden administration's goal of net-zero carbon emissions by 2035 from the electric grid and economy-wide in 2050 by reducing the storage costs of electricity by 90% when storing energy for at least 10 hours. Long-duration storage of electricity and energy has been a long-sought-after technological accomplishment due to both the massive benefits of the consistency and reliability of renewable energy, and thus also improving the United States' energy independence, as the demand for fossil fuel by power plants is expected to be greatly reduced. The newly completed storage system primarily utilizes sodium-ion batteries, but is supplemented by the previously ubiquitous lithium-ion batteries that many are familiar with. Previously, the United States' grid energy storage was primarily based on Pumped-Storage h...
Speculating on the Future