Market and Policy Barriers to Deployment of Energy Storage

Ramteen Sioshansi, Paul Denholm, Thomas Jenkin

Research output: Contribution to journalArticlepeer-review

81 Scopus Citations

Abstract

There has recently been resurgent interest in energy storage, due to a number of developments in the electricity industry. Despite this interest, very little storage, beyond some small demonstration projects, has been deployed recently. While technical issues, such as cost, device efficiency, and other technical characteristics are often listed as barriers to storage, there are a number of non-technical and policyrelated issues. This paper surveys some of these main barriers and proposes some potential research and policy steps that can help address them. While the discussion is focused on the United States, a number of the findings and observations may be more broadly applicable.

Original languageAmerican English
Pages (from-to)47-63
Number of pages17
JournalEconomics of Energy and Environmental Policy
Volume1
Issue number2
DOIs
StatePublished - 2012

Bibliographical note

Publisher Copyright:
© 2012 by the IAEE. All rights reserved.

NREL Publication Number

  • NREL/JA-6A20-53820

Keywords

  • Electricity markets
  • Energy policy
  • Energy storage
  • Externalities
  • Incomplete markets

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