The LDES Council is a global, CEO-led
organization that strives to accelerate
decarbonization of the energy system at
lowest cost to society by driving innovation
and deployment of long duration energy
storage. Launched at COP26, the LDES Council
provides fact-based guidance to governments
and industry, drawing from the experience of
its members, which include leading energy
companies, technology providers, investors,
and end-users.
With this first report the Council has focused
on the role of LDES solutions in electrical power
systems. In the future, the LDES Council will
provide further insights into the LDES asset
class, power and energy systems and the
broader energy transition. The Council will also
proactively engage with other parties on ways
to accelerate decarbonization of energy systems
in line with the Paris agreement.
The following organizations have announced
the intention of forming the Council and are open
to receive expressions of interest from additional
founding members ahead of the official launch in
early 2022 (Exhibit 1).
The report has been prepared by the members
of the LDES Council in collaboration with
McKinsey & Company as knowledge partner.
Exhibit 1
LDES council members
Equipment manufacturersCapital providers
Low-carbon energy system
integrators & developers
Industry and services customers
Anchors
Technology providers
About the Long Duration
Energy Storage (LDES) Council
iiNet-zero power: Long duration energy storage for a renewable grid | LDES Council, McKinsey & Company
