SAFER, SMARTER, GREENER

THE PROMISE OF SEASONAL STORAGEE

Seasonal storage technology has the potential to become a cost-effective long-term
electricity storage system

Seasonal storage: a form of storage typically accommodating yearly cycles in electricity demand and
variable renewable energy sources (VRES) generation, which stores electricity in summer time (high
VRES generation and low heating demand) and discharges during winter time.

Target audiences

Policymakers Utilities Investors Project developers

(storage, wind and solar)

The idea of seasonal storage of electricity has great appeal as it seems to solve 2 problems:

DEMAND VRES PRODUCTION

Using surplus electricity that Decarbonize electricity generation when

might be curtailed otherwise demand is high and VRES production is low
(typically in the summer season) (typically in the winter season)

3 KEY INSIGHTS 1 2 3
Seasonal storage must Compressed hydrogen Variability in demand
compete with other is the first viable option and VRES generation
applications for for seasonal storage between years blur the
low-priced electricity distinction between
seasonal storage and
adequacy capacity

Download the full report to read all 5 key insights at www.dnvgl.com/SeasonalStorageReport