Energy storage supports the energy transition

Generating electricity from renewable sources means volatility – and energy storage is the key to matching supply and demand.
Due to the unpredictability of the weather, renewable energy generation varies greatly. In some cases, renewable energy plants end up generating more electricity than is actually needed for current demand. Energy storage systems solve this problem by storing excess energy and making it available later as needed. The electricity can then be taken from the stored energy and fed into the grid or the home use.
Energy Storage Solution can integrate renewable energy sources by transferring energy to periods of high demand, or provide grid services such as frequency control or rotating backup. Stored energy can also be used in the form of thermal and cooling energy or as a synthetic fuel, for example for transport. In addition to being a key component of renewable energy expansion and ensuring a sustainable, reliable and economic electricity supply, energy storage systems are also an important element of the so-called “sectoral coupling”.

Energy Storage Solutionoffer a wide range of technical approaches to managing our power supply to create a more resilient energy infrastructure and deliver cost savings to utilities and consumers. To help understand the various approaches currently being deployed around the world, we have grouped them into five main categories.

Batteries – a range of electrochemical storage solutions, including advanced chemical batteries, liquid flow batteries and capacitors
Thermal – capturing heat and cold to generate energy on demand or to offset energy demand
Mechanical storage – other innovative technologies that use kinetic or gravitational energy to store electrical energy
Hydrogen – excess electricity generation can be converted to hydrogen and stored through electrolysis
Pumped hydro storage – using water to create large scale energy reserves

How Can Energy Storage Solution Help Me?

Energy Storage Solution offer new application flexibility and unlock new business value across the energy value chain, from conventional power generation, transmission and distribution, and renewable energy to residential, industrial and commercial sectors. Energy storage supports a wide range of applications, including consolidating renewable energy production, stabilising the grid, controlling energy flows, optimising asset operations and generating new revenues.
For renewable energy developers, energy storage offers a faster alternative to PPAs, which can take a year or more. For utilities, energy storage is associated with increased distributed generation.
Energy storage can help you improve the dispatchability and predictability of renewable energy and help meet stringent codes and connection permits.