This paper reports the results of a high-level study to assess the technological readiness and technical and economic feasibility of 17 novel bulk energy storage technologies. The novel technologies assessed were variations of either pumped storage hydropower (PSH) or compressed air energy storage (CAES).

The report also identifies major technological gaps and barriers to the commercialization of each technology. Recommendations as to where future R&D efforts for the various technologies are also provided based on each technology’s technological readiness and the expected time to commercialization (short, medium, or long term)....(Read more...)