Energy storage operating in a system with an increasing share of renewables
Energy storage technologies allow us to store excess energy and discharge it when there is too little generation or too much demand. They provide flexibility at every seconds/minutes, hours, weeks, and even months.
Storage can help consumers increase self-consumption of solar electricity, or to generate value by providing flexibility to the system.
Industrial consumers can install storage to lower consumption peaks, and to offer back-up power if there is a black-out. In addition, storage at any level can offer system services, safeguarding the secure and efficient operation of the electricity system.
Storage can help defer costly investments in transmission and distribution infrastructure, extending the lifetime of existing assets and helping grids function more efficiently.
Energy storage deployment could promote the electrification of heating and cooling sectors and support the roll-out of very fast charging infrastructure for electric vehicles, particularly in areas with weak grids.