The Future is Here: Cryogenic Air is Enabling a 100% Renewable World
Thursday, October 22, 2020
2:00 PM – 2:20 PM EDT
A future where 100 percent of the world’s electricity comes from clean energy sources isn’t just wishful thinking – it’s mandated by the hard realities of climate change. Thankfully, momentum finally is on the side of renewable energy and energy storage. Renewables targets at every level of government, new capacity market rules being implemented by grid operators, and the availability and cost-effectiveness of long-duration energy storage resources all are helping create a major paradigm shift in the energy industry. This presentation will address how companies – from solar project developers, utilities, RTOs and ISOs – and municipalities and other government agencies can successfully navigate this shifting energy landscape. To successfully incorporate ever greater amounts of renewable energy into the grid while maintaining reliability, energy storage assets will need to be capable of steadily injecting electricity into the grid for much longer periods of time compared to what is currently being delivered. Grid operators are turning to long duration energy storage (8 hours+) to help improve power generation economics, balance the grid, and increase reliability. The promise is to enable renewables to become baseload power – a feat that is nearer in the timeline than many believe. This presentation will address the impact and opportunity long duration energy storage brings to the worldwide energy market, including an overview of the various technologies available. Attendees will learn how to adapt to a changing energy market where 100 percent of the world’s electricity comes from clean energy sources.