Seeking energy storage cooperation

What is the Energy Storage Partnership (ESP)?

The Energy Storage Partnership (ESP) is a collaboration between the World Bank Group and 29 organizations. They work together to help develop energy storage solutions tailored to the needs of developing countries. Energy transitions are underway in many countries with a significant increase in the use of wind and solar power.

Why do we continue to drive innovation & collaboration in the energy sector?

As we look to the future, we remain committed to driving innovation and collaboration in the energy sector. Together, we can create a world where energy is reliable, efficient, and sustainable.

Why are energy storage systems important?

Energy storage systems, in particular, are critical for storing excess energy generated during peak production periods and supplying it when demand is high or generation is low. This not only mitigates the intermittency of renewables but also enhances grid reliability.

How can we achieve a decarbonized energy future?

Achieving a decarbonized energy future hinges on our ability to enhance grid flexibility. The vPAC Alliance and Schneider Electric are at the forefront of this transformation by providing solutions that integrate renewable energy sources while maintaining grid reliability.