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Recently, went through this #BloombergNEF research blog post where it underscores the #potential of Long Duration Energy Storage (#LDES) #technologies to become a significant contender in the energy storage market, particularly for applications requiring storage over longer periods. There is a growing global interest in LDES as it begins to out-compete #lithium-ion #batteries in some markets, especially as #decarbonization efforts intensify. #Energy #transition #Lithium #Batteries #LDES
Acciona Energia I Analyst I Renewable Energy Professional I Solar I Wind
3moGood blog, while LDES technologies often have higher upfront capital costs and slower cost reduction rates compared with lithium-ion batteries. Integrating LDES technologies into existing energy grids and infrastructure can be more challenging.