Energy storage for the electricity grid : benefits and market potential assessment guide : a study for the DOE Energy Storage Systems Program. Page: 3 of 232
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SAND2010-0815
Unlimited Release
Printed February 2010
Energy Storage for the Electricity Grid: Benefits
and Market Potential Assessment Guide
A Study for the DOE Energy Storage Systems Program
Jim Eyer
Distributed Utility Associates, Inc.
1530 Holmes Street
Livermore, CA 94550
Garth Corey
KTech Corporation
10800 Gibson SE
Albuquerque, NM 87123
Contract #10612
Abstract
This guide describes a high-level, technology-neutral framework for assessing potential benefits
from and economic market potential for energy storage used for electric-utility-related
applications. The overarching theme addressed is the concept of combining applications/benefits
into attractive value propositions that include use of energy storage, possibly including
distributed and/or modular systems. Other topics addressed include: high-level estimates of
application-specific lifecycle benefit (10 years) in $/kW and maximum market potential
(10 years) in MW. Combined, these criteria indicate the economic potential (in $Millions) for a
given energy storage application/benefit.
The benefits and value propositions characterized provide an important indication of storage
system cost targets for system and subsystem developers, vendors, and prospective users.
Maximum market potential estimates provide developers, vendors, and energy policymakers
with an indication of the upper bound of the potential demand for storage. The combination of
the value of an individual benefit (in $/kW) and the corresponding maximum market potential
estimate (in MW) indicates the possible impact that storage could have on the U.S. economy.
The intended audience for this document includes persons or organizations needing a framework
for making first-cut or high-level estimates of benefits for a specific storage project and/or those
seeking a high-level estimate of viable price points and/or maximum market potential for their
products. Thus, the intended audience includes: electric utility planners, electricity end users,
non-utility electric energy and electric services providers, electric utility regulators and
policymakers, intermittent renewables advocates and developers, Smart Grid advocates and
developers, storage technology and project developers, and energy storage advocates.iii
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Eyer, James M. & Corey, Garth P. Energy storage for the electricity grid : benefits and market potential assessment guide : a study for the DOE Energy Storage Systems Program., report, February 1, 2010; United States. (https://digital.library.unt.edu/ark:/67531/metadc835317/m1/3/: accessed April 19, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.