As the power sector moves rapidly towards green transition, latest challenges are rising. One of the primary drawbacks of renewable energy sources is therefore gaining attention to energy storage systems that can store and offer power as per the demand.
Rising popularity alongside the emerging demand for more clean energy, this sort of distributed generation participates with a plentiful benefits like increased customer satisfaction, energy cost reduction, power quality improvement, increasing reliability, reduction of voltage fluctuations and electrical energy loss reduction in the distribution system.As renewable storage options also come with their exclusive considerations, out of which some are financing regulation, power system stability and protection settings, the industry is pushing all the limits in its efforts to knock into the capacity of the rapidly expanding field.
With the rising importance of renewable energy storage to use it more effectively, energy firms have a vital part to play in proceeding and steering the industry, introducing new solutions to some comparatively new problems.UK managing director of automation company AutoStore said that they expect the industry leaders to be at the front of net-zero carbon and sustainability policies, with plenty already implementing green technologies like low or zero-emission fleet vehicles, solar panels on warehouse roofs and other energy efficient solutions.
With some industries experiencing as much modernism as energy storage, funding into battery research have shown outstanding developments like hydrogen solutions, liquid air, molten salt battery, flow battery, etc. from small-storage plans to huge storage facilities, co-located with massive clean power projects.Propelled by the pandemic and rendered by the requirement of energy firms in order to update their working operation including supply chains, the industry’s implementation of carbon reducing methods has been advanced from different angles.