For a link to Kev Adjemian's report on energy storage, click here.
Announced in January, the Grid Modernization Initiative is an effort intended to set the United States on a cost-effective path for an integrated, secure, sustainable and reliable electric grid. As described in the Department of Energy's Grid Modernization Multi-Year Program Plan, these projects focus on new concepts, tools, platforms, and technologies to better measure, analyze, predict, and control the grid of the future — one flexible enough to support a competitive national economy and an array of emerging services, while remaining affordable to consumers.
The initiative includes the Grid Modernization Laboratory Consortium, a strategic partnership launched in 2014 between DOE and 14 of its national laboratories. This followed a 2012 White House report that said outages caused by severe weather typically cost the U.S. economy between $18 billion and $33 billion a year from lost output and wages, spoiled inventory, delayed production and disruptions to energy distribution.
INL has been designated the lead laboratory on four projects that received DOE funding, and will collaborate with other national laboratories on 11 other projects. Although funding levels are subject to change, the work is expected to amount to roughly $10 million for INL through September 2018.
