What to Expect
Written by Rose Campbell, IRMCert, Risk Analyst at CEERISK.
Unlike conventional energy, some renewable energy sources like solar and wind are not continuously available. On windy days, a wind farm may generate an excess of electricity that cannot be added to the grid, while on quieter days there may be too little energy generated. In order to make renewable energy sustainable, there is a need to store energy generated during low-demand times so that it is available during high-peak times. Energy storage is also critical for energy management.
New energy storage systems (ESS) are being developed and deployed around the world as the usage of renewable energy increases globally. It is currently expected that by 2030, the total usage of ESS will have increased by 600% from what they are now.
