THERMAL ENERGY STORAGE Outlook

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THERMAL ENERGY STORAGE Outlook ( thermal-energy-storage-outlook )

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Thermal energy storage has the potential to be an important enabler of increased renewables penetration in energy systems Solar and wind generation is variable across daily and seasonal timescales. Energy system operators can match supply and demand of energy through forms of flexibility such as energy storage. This helps to make energy systems more stable, flexible, and cheaper to build and operate. DATA CENTRE Thermochemical storage system Phase change materials (PCMs) Cold chain PCMs and other TES technologies can be integrated into all parts of the cold chain, enabling flexibility of cooling loads at the production, storage, and transport elements of the chain. Industry Water tanks can be used to enable on-site solar thermal generation to supply low-grade heat to industry. Innovative sensible, latent and thermochemical technologies are being trialled to store high-grade heat. Current breakdown of TES for heat applications (excl. hot water tanks) Significant projected increase in TES for space cooling Required increase in molten salts for the power sector (assuming a similar deployment rate globally as is seen in the US) Today 14 GWh 26 GWh 2030 Today 2030 21 GWh 491-631 GWh 91 GWh Buildings 105 GWh District heating 2 GWh Industry 2X increase ...to meet the amount of CSP required in IRENA’s Paris Agreement-aligned scenario (excl. domestic 14 INNOVATION OUTLOOK hot water tanks)

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