Climate Change
The world’s largest economies need to rapidly transition away from greenhouse gas emitting systems of energy production and consumption.
A Flexible, Reliable, Affordable Electric Grid
As the US incorporates more solar and wind generation, the electric grid is presented with 3 challenges. These include increasing:
Power imbalances
Bulk power system complexity
Storage lifecycle risks and costs
Long duration energy storage (LDES) can help address these issues by increasing the flexibility and reliability of the power system.
Growing Need for Electricity Storage Assets
The US power system will need to dramatically scale up installed LDES over the next 20 years to build a cost-optimal energy system. Present-day LDES deployment has been stagnant for decades but momentum in LDES is growing exponentially.
Serium Energy Storage is transforming the LDES industry by offering a scalable and unique approach to closed loop hydroelectric storage.