Main Activities
• The need for distributed thermal storage enables better utilization of excess renewable energy and accelerates the replacement of fossil fuels by renewables, with no additional grid infrastructure needed
• Higher volatility of arbitrage prices will translate the thermal storage added value to an energy system into monetary value
• The need for a diversification of energy supply and, therefore, an increased security of supply
• Lowering the material and component costs
These potentials are coupled to several actions that can be taken by engineers, policy makers, electricity
companies,
industry decision makers and professional organisations.
Link: Compact Thermal Energy Storage: Technology Position Paper
