Commercial and industrial (C&I) energy storage can significantly lower electricity costs, increase efficiency, and aid decarbonisation, but customers’ safety concerns must be addressed.
India’s ambitious drive for renewable energy has accelerated the need for energy storage, but there are many factors to success, writes Charith Konda of the Institute for Energy Economics and Financial Analysis (IEEFA).
CATL, the world’s biggest lithium-ion OEM, saw flat ESS revenues in the first half of the year, but the extent to which this can be blamed on the increased US-China tariffs, if at all, is far from clear.