Net-zero power
Long duration energy storage
for a renewable grid
7 %??E#3??
Published in November 2021 by the LDES Council. Copies of this document are available
upon request or can be downloaded from our website: www.ldescouncil.com.
This report was authored by the LDES Council in collaboration with McKinsey & Company as
knowledge partner. This work is independent, reflects the views of the authors, and has not been
commissioned by any business, government, or other institution. The authors of the report confirm that:
1. There are no recommendations and/or any measures and/or trajectories within the report that
could be interpreted as standards or as any other form of (suggested) coordination between the
participants of the study referred to within the report that would infringe EU competition law; and
2. It is not their intention that any such form of coordination will be adopted.
Whilst the contents of the report and its abstract implications for the industry generally can be
discussed once they have been prepared, individual strategies remain proprietary, confidential and the
responsibility of each participant. Participants are reminded that, as part of the invariable practice of the
LDES Council and the EU competition law obligations to which membership activities are subject, such
strategic and confidential information must not be shared or coordinated – including
as part of this report.
7 %??E#3°?
Contents
Acronyms i
About the Long Duration Energy Storage (LDES) Council ii
Preface iii
Executive summary vi
Data collection and benchmarking xi
1. Introduction 1
2. LDES technologies characterization and current status 7
3. Modeling the flexibility needs of future power systems 15
4. Cost analysis 25
5. LDES business cases 35
6. Road to competitiveness and key market enablers 41
Conclusion 46
Appendix A: Methodology 47
Appendix B: Examples of business cases 51
7 %??E#3??
Acronyms
BoP Balance of plant
Capex Ca
2022-06-净零能源:可再生电网的长期储能报告(英)-长时储能技术理事会.pdf