Current status of solar thermal energy storage companies at home and abroad

Why is solar thermal energy storage important?

For regions with an abundance of solar energy, solar thermal energy storage technology offers tremendous potential for ensuring energy security, minimizing carbon footprints, and reaching sustainable development goals. Global energy demand soared because of the economy’s recovery from the COVID-19 pandemic.

Which countries have increased energy storage capacity in 2024?

For example, the Spanish government approved an update to their National Integrated Energy and Climate Plan in September 2024 which has increased their installed energy storage capacity targets to 22.5 GW by 2030.

Should solar thermal systems replace existing energy systems?

To address the problem of global warming, solar thermal systems (STSs) have seen a surge in the recent two decades on the international market. Solar thermal systems would be a better choice to replace existing energy systems.

Why is solar thermal technology important?

For regions with an abundance of solar resources, solar thermal technology is extremely promising for ensuring energy security, minimizing carbon footprints, and ultimately achieving sustainable development goals.

Can thermal energy storage be used in CSP plants?

The introduction of thermal energy storage (TES) to CSP plants could balance the supply and demand of energy by minimizing the adverse effects of solar energy intermittency . Increased use of irregular RES has an impact on grid stability.

What is thermal energy storage?

Thermal energy storage is a technique that stores thermal energy by heating or cooling a storage medium so that the energy can be used later for power generation, heating and cooling systems, and other purposes. In order to balance energy demand and supply on a daily, monthly, and even seasonal basis, Thermal energy storage systems are used.