Date: 3 - 4 November 2021
Location: Virtual
Description: To achieve the goal of “carbon neutrality” and push the green agenda for governments and industries, Energy Storage is an important foundation and key technology for building a new energy system with renewables as the main resource. According to BloombergNEF, energy storage projects that provide transmission and distribution services will amount to a $277 billion market between 2020 and 2050.
Renewables + Storage: it is expected that the Battery-Energy Storage Technologies (BEST) will further spur the market for renewable energy as grid-connected energy storage will be deployed. In Senegal, the region’s first and large utility-scale application of battery storage is slated to be integrated to a wind farm to deploy around 60 MW hours of battery storage capacity. In the same region, the World Bank Group has provided $465 Million to expand energy access and renewable energy integration in West Africa, including battery-energy storage technologies.
