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In this week\u2019s episode, host Daniel Raimi talks with Dick Schmalensee, a professor emeritus of the MIT Sloan School of Management and a former chair of the board of directors at Resources for the Future. Schmalensee and Raimi cover the takeaways from a recent study on the future of energy storage that Schmalensee coauthored, along with related insights and implications for current and future policy. They discuss the role of energy storage in a net-zero-emissions electricity system, the strengths and weaknesses of key energy storage technologies, and what these technologies might cost.\n\nReferences and recommendations:\n\n\u201cThe Future of Energy Storage\u201d by Robert Armstrong, Yet-Ming Chiang, Howard Gruenspecht, Fikile Brushett, John Deutch, Seiji Engelkemier, Emre Gen\xe7er, Robert Jaffe, Paul Joskow, Dharik Mallapragada, Elsa Olivetti, Richard Schmalensee, Robert Stoner, Chi-Jen Yang, Bjorn Brandtzaeg, Patrick Brown, Kevin Huang, Johannes Pfeifenberger, Francis O\u2019Sullivan, Yang Shao-Horn, Meia Alsup, Andres Badel, Marc Barbar, Weiran Gao, Drake Hernandez, Cristian Junge, Thaneer Malai Narayanan, Kara Rodby, and Cathy Wang; https://energy.mit.edu/research/future-of-energy-storage/\n\n\u201cAs the Great Salt Lake Dries Up, Utah Faces an \u2018Environmental Nuclear Bomb\u2019\u201d by Christopher Flavelle; https://www.nytimes.com/2022/06/07/climate/salt-lake-city-climate-disaster.html\n\n\u201cA durable US climate strategy \u2026 or a house of cards?\u201d by Richard Richels, Benjamin Santer, Henry Jacoby, and Gary Yohe; https://yaleclimateconnections.org/2022/06/a-durable-u-s-climate-strategy-or-a-house-of-cards/