Key speech on the future of energy storage

What is the future of energy storage?

The future of energy storage is essential for decarbonizing our energy infrastructure and combating climate change. It enables electricity systems to remain in balance despite variations in wind and solar availability, allowing for cost-effective deep decarbonization while maintaining reliability.

Can energy storage meet future energy needs?

meeting future energy needs. Energy storage will play an important role in achieving both goals by complementing variable renewable energy (VRE) sources such as solar and wind, which are central in the decarbon

Why is China promoting energy storage at the 2025 two sessions?

The buzzword “energy storage” at the 2025 Two Sessions underscores China’s strategic focus on building a resilient, sustainable, and diverse energy system, contributing new efforts to a sustainable global future. The country’s progress in new-type energy storage highlights how innovation can drive both economic and environmental progress worldwide.

Why is energy storage important in a power system?

Energy storage is a potential substitute for, or complement to, almost every aspect of a power system. It can improve generation, transmission, and demand flexibility. Storage should be co-optimized with clean generation, transmission systems, and strategies to reward consumers for making their electricity use more flexible.

Why is energy storage key to decarbonizing energy infrastructure?

Storage enables electricity systems to remain in balance despite variations in wind and solar availability, allowing for cost-effective deep decarbonization while maintaining reliability. The Future of Energy Storage report is an essential analysis of this key component in decarbonizing our energy infrastructure and combating climate change.

Why do we need a co-optimized energy storage system?

The need to co-optimize storage with other elements of the electricity system, coupled with uncertain climate change impacts on demand and supply, necessitates advances in analytical tools to reliably and efficiently plan, operate, and regulate power systems of the future.