Part 1 I How Grid Storage Duration is Assessed and Why it Matters

Grid storage manufacturers often list a duration on their technology that can be anywhere from seconds to hours to seasons. What exactly does that mean? Today I'll walk you through how grid storage is assessed and why it matters.

"Monetizing Energy Storage" book by Oliver Schmidt and Iain Staffell:
http://fdslive.oup.com/www.oup.com/academic/pdf/openaccess/9780192888174.pdf

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*Timeline*
00:00 Introduction
01:45 Why Can’t 1-hour Storage Just be Stacked?
02:49 How Duration is Defined Technically
04:52 Why Does Duration Matter?
08:28 Specific Power and Energy Cost
09:48 Total Cost Investment Cost Calculation
10:28 Average Power and Energy Cost
11:50 Power and Energy Cost Graphed
13:58 Summary
15:42 Duration in Marketing // Two Examples

Intro Music by Dyalla: Homer Said

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