The purpose of this report is to assist the U.S. Department of Energy (DOE) in 1) establishing a framework for understanding the role electricity storage resources (storage) can play in wholesale and retail electricity markets, 2) assessing the value of electricity storage in a variety of regions or markets, , 3) analyzing current and potential issues that can affect the valuation of storage by investors at the wholesale and retail level, and 4) identifying areas for future research and development for electricity storage technologies and applications.

This document should help readers gain a deep understanding of the energy storage technology landscape, identify potential applications in the electric energy storage sector, and compare various alternative energy storage technologies by application.

This paper reviews existing energy storage technologies, discusses the NYISO’s efforts to integrate new energy technologies such as limited energy storage devices, and looks at future initiatives and technologies.

This guide describes a high-level, technology-neutral framework for assessing potential benefits from and economic market potential for energy storage used for electric-utility-related applications. The overarching theme addressed is the concept of combining applications/benefits into attractive value propositions that include use of energy storage, possibly including distributed and/or modular systems.

Installation of First Distributed Energy Storage System at American Electric Power
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