Powering the future: what’s the outlook for energy storage systems

Monday 02 Sep 2024
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Energy storage systems are the cornerstone of a future powered by renewable energy – how is this market developing?

Solar PV (photovoltaic) and wind will account for half of all generation capacity by 2035 but the biggest shortcoming of renewables is their intermittency. So, when dark clouds cover the sun or the wind doesn’t blow, these energy sources can’t produce as much. That is why energy storage is crucial: so that when there is a surge in renewable energy generation, for example, on windy days or during peak sunshine hours, this extra capacity can be stored and then released when demand exceeds production.

Read more on the Power Technology website here