Energy Gang cover image

Energy Gang

Flexible, fast-responding and reliable – the growth of energy storage seems unstoppable. What could possibly go wrong?

Mar 4, 2025
Swetha Sundaram, VP of Solar and BESS at RWE, and Julia Souder, CEO of the Long Duration Energy Storage Council, delve into the explosive growth of energy storage technologies. They discuss the transformative role of battery systems in transitioning to low-carbon energy, spotlighting opportunities for long-duration storage that could yield a $4 trillion market by 2040. The conversation also touches on the evolution of storage solutions, regulatory impacts, and how energy storage can address both immediate and seasonal energy demands, especially in high renewables regions.
57:00

Podcast summary created with Snipd AI

Quick takeaways

  • The rapid growth of the energy storage market, driven by decreasing lithium-ion battery costs, is crucial for integrating renewable energy sources effectively.
  • Long-duration energy storage (LDES) technologies, capable of storing energy for eight hours or more, are vital for balancing intermittent renewable energy generation.

Deep dives

Record Growth in Solar Energy and Storage

The solar energy sector experienced unprecedented growth in 2024, with projections indicating that 2025 will be equally significant. Major industry conversations are focusing on upcoming policy changes, supply chain improvements, and advancements in technology that will shape future solar projects. The increase in installations highlights the growing reliance on renewable resources, particularly solar, emphasizing the necessity of integrating effective energy storage solutions to enhance grid reliability and efficiency. As the sector evolves, industry leaders are convening to tackle these challenges and explore innovative opportunities.

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