The cost of energy storage will be critical in determining how much renewable energy can contribute to the decarbonization of electricity. But how far must energy storage costs fall? In a study published August 7 in the journal Joule, MIT researchers answer this question. They quantify cost targets for storage technologies to enable solar and wind energy with storage to reach competitiveness with other on-demand energy sources. They also examine what kinds of batteries and other technologies might reach these targets.
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How much energy storage costs must fall to reach renewable energy's full potential
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