The rising costs of coal and gas mean that the adoption of renewable energy is a “survival issue” for countries in Southeast Asia, and energy storage is critical to the transition.
The business models and technologies underpinning the development of stationary energy storage markets are evolving rapidly. Dr. Kai-Philipp Kairies, Jan Figgener and David Haberschusz of RWTH Aachen University look at some of the key trends driving the sector forwards, in a paper which first appeared in PV Tech Power’s Energy Storage Special Report 2019.
The requirement of nine hours of energy storage duration at a project touted as a possible replacement for a new natural gas plant in California makes it tough for the newer technology to compete on cost, an analyst has said.
