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US Energy Storage Summit 2017: The Catalyst for Modern Grid Innovation

Updated Dec 05, 2023 | 1-2 min read | Written by: Energy Storage Technology
US Energy Storage Summit 2017: The Catalyst for Modern Grid Innovation

Why 2017 Was a Turning Point for Energy Storage

Remember when smartphone batteries barely lasted a day? 2017 did for grid-scale storage what lithium-ion did for mobile devices. The US Energy Storage Summit 2017 became the launchpad for technologies now powering Tesla's Powerwalls and utility-scale battery farms. While specific session details remain elusive in public records, industry veterans still reference this event as the "Woodstock of watt-hours."

Market Forces Collide

  • California's AB 2514 mandate kicking into high gear
  • First-gen Tesla Powerpack installations hitting critical mass
  • Wind+solar generation surpassing nuclear for the first time

Legacy of the 2017 Breakthroughs

The summit's shadow looms large over today's virtual power plants and bidirectional EV charging concepts. Key outcomes include:

Technology Leapfrogs

  • Lithium-ion costs dropping below $200/kWh (now at $89/kWh)
  • Flow battery demonstrations achieving 10,000+ cycles
  • First commercial deployments of AI-driven energy management

Where Are the 2017 Pioneers Now?

Companies that demoed early-stage tech at the summit now dominate markets. Anecdotal evidence suggests:

  • 3 startups acquired by Fortune 500 energy firms within 18 months
  • 5 patent families originating from summit collaborations
  • $2.1B in follow-on funding for participating companies

Policy Domino Effect

The summit's white papers directly influenced FERC Order 841 (2018), which transformed U.S. electricity markets. Imagine trying to explain "energy storage as transmission asset" in 2016 – by 2017's end, it became regulatory reality.

2017 vs. Today's Storage Landscape

While current events like Australia's 2025 summit focus on behind-the-meter solutions, the 2017 U.S. gathering laid critical groundwork in:

  • Standardizing interconnection protocols
  • Establishing safety certifications for containerized systems
  • Developing first-generation value-stacking revenue models

The storage industry's current $33B valuation traces its growth spurt to this pivotal moment. Next time your solar-powered EV charges from a grid-connected battery bank, tip your hat to the 2017 innovators who made it possible.

US Energy Storage Summit 2017: The Catalyst for Modern Grid Innovation [PDF]
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