Thermal Energy Storage (TES)
Thermal energy storage (TES) technologies and systems provide a major opportunity for better economic benefits and enhanced energy management. This includes expected mismatches in supply and demand for cooling or heating requirements, thereby offsetting differences in time and magnitude of cooling or heating production. TES can also jointly assist in harnessing and integrating “stranded” renewable power supply through possible co-location with distributed energy resources such as based on solar and wind energy. This report provides an overview of the various developing and commercial TES technologies in the United States and includes a methodology for structuring the levelized cost of storage (LCOS).