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Title
Grid Energy Storage Technology - Cost and Performance Assessment (3 credit hours/3 HSW Hours)
Course Description
In this 3 hour course, an abridged version of the Department of Energy’s 2022 Grid Energy Storage Technology Cost and Performance Assessment is presented. The Assessment is part of DOE’s effort to provide a standardized approach to analyzing the cost elements of grid energy storage technologies, engaging industry to identify these various cost elements, and projecting 2030 costs based on each technology’s current state of development. Some of the technologies are relatively unknown except to specialists in the field, for example, gravity-based storage systems consisting of heavy bricks lifted by a crane, a heavy piston lifted by pressurized water in a mine shaft, or heavily-loaded railroad cars moved up a hill. Other technologies such as batteries of various types, compressed-air energy storage, pumped storage hydropower, thermal energy storage and hydrogen are also considered.
Author
US Department of Energy
Learning Objectives
This course teaches the following specific knowledge and skills:  
  • An individual completing this course will understand organization and categorization of cost and performance categories;
  • An individual completing this course will know the various energy storage subsystems and performance metrics;
  • An individual completing this course will know the principles of installed capital pricing;
  • An individual completing this course will understand operating costs;
  • An individual completing this course will be able to analyze decommissioning costs; and
  • An individual completing this course will knowing definitions of cost components.  
Disclaimer
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