The challenge
By storing energy during periods of excess generation and discharging it when energy is needed, storage helps meet changing demand for electricity. Storage can reduce the required peak generation capacity for the grid and the amount of conventional power needed as backup for renewables. Key challenges include designing technologies for reliable, practical, and cost-effective long-duration energy storage; optimizing the mix of renewables, storage, and other energy sources; forecasting electricity demand and scheduling periods of storage recharge and dispatch; and establishing economic and regulatory policies that enable the expansion of energy storage.
Energy storage also enables electrification of many modes of transportation. Development of batteries that are safe, inexpensive, lightweight, and quick to charge and that have high energy density and little dependence on hard-to-obtain critical minerals is one of the critical challenges to overcome on the path to widespread electrification of transportation.
Our impact
MITEI has a special focus on long-duration energy storage, including thermal, mechanical, electrical, and electrochemical approaches. Innovative storage approaches explored by our research include hydrogen, methanol, and ammonia; liquid air; thermal technologies; and pumped hydro-storage.
Building on strong MIT expertise in battery technologies, we fund research on lithium-based batteries, novel battery chemistries, solid-state batteries, and charging protocol optimization. We also sponsor studies on materials sourcing and supply chains for batteries.
Additionally, we fund MIT researchers to analyze the techno-economics and lifecycle emissions of energy storage, conduct production cost modeling, and examine competitive cost targets to render energy storage economically viable. Other studies focus on optimizing deployment of energy storage and integration of storage with grids and distributed energy resources. We also maintain a portfolio of studies related to the use of energy storage to support industrial processes, data centers, and vehicle electrification.