As the penetration of renewable energy increases, maintaining grid reliability becomes ever more challenging and costly. Meeting rising flexibility needs while decarbonizing electricity generation is a central challenge for the entire sector and all sources of flexibility need to be utilized.
While the use of energy storage in national networks is not new, energy storage, and in particular battery storage, has emerged in recent years as a key piece in this puzzle. This report by Baker McKenzie discusses the energy storage sector, with a focus on grid-scale battery storage projects and the status of energy storage in a number of key countries.
Download the report here