Which countries are preparing for energy storage deployment?

Market dynamics, technical developments and regulatory policies that could be decisive for energy storage deployment in Australia, Mainland China, Malaysia, Singapore, South Korea, Taiwan, Thailand and Vietnam. This white paper explores the opportunities, challenges and business cases.

Should South Asian countries develop a hybrid energy platform?

In this regard, South Asian countries are expected to take necessary initiatives to develop hybrid energy platform and associated set up to improve the overall efficiency in utilizing renewable energy resources.

What are Australia's energy storage projects involving solar and wind?

Australia’s storage projects have historically focused on standalone BESS, but in recent years, there has been a rise in projects involving solar and wind coupled with BESS that are expected to be commissioned in the next two years.

Does South Asian region have biomass energy resources?

As most of the countries have a significant proportion of fertile land having tremendous agricultural potential, the entire South Asian region has plenty of biomass energy resources.

Why are solar power plants a problem in South Asia?

In addition, lack of technical knowhow poses a barrier toward development and maintenance of solar energy plants. Additionally, South Asian countries have low availability of per capita land resulting in the land shortage to establish utility scale solar power plants.

Can energy storage solve intermittency challenges?

The growth in installed and planned renewable energy generation capacity has driven developers and utilities to evaluate energy storage as a potential solution to intermittency challenges for grid operation and stability and provided investors with increasingly attractive opportunities and projects.