Abstract: | The presentation was made at IEEE PES 2011 General Meeting Super Sessions in July, 2011. The presentation outlines the following agenda: 1) Overview of energy storage applications; 2) Renewable energy integration challenges; 3) Energy storage industry status and implementation challenges; 4) Summary and Conclusions. The presenter summary includes the following: 1) The renewable energy industry will continue to experience rapid growth to meet state policy (RPS) goals - limiting factor is operational impact on the electric grid (integration issues); 2) Energy storage is viewed by many as a “must-have” to solve renewable integration challenges; 3) Given many solutions to mitigate renewable integration issues, bulk electricity storage faces strong competition over the foreseeable future –costs must continue to decrease; 4) Growth in storage market will largely depend upon the pace of required regulatory changes to monetize benefits among disparate stakeholders.
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