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Policy Dispatch: The FORESIGHT podcast on the policies underpinning the energy transition
What’s in store
Season 1, Ep. 15
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More clean power is being added to energy mixes on a daily basis, but it does not matter how many wind turbines or solar panels are installed; the electrons still need to reach homes and businesses. Supply cannot always match demand, either in quantity or timing, so that is where storage comes in. Whether it is hydropower dams, grid batteries, molten salt or the power of gravity, storage — both conventional and innovative — is gearing up to play an absolutely fundamental role in decarbonised energy systems.
The road ahead is by no means a smooth one, though, as many hurdles stand in the way of 24/7 on-demand green electricity. Developers need to establish strong business cases to support their storage ambitions, and some policies are already helping to make that a reality. More changes are needed to unlock a storage boom and also establish the technology as a safeguard against the price spike crisis that happened towards the end of 2022. Helping to turbocharge this week’s Dispatch is Thomas Lewis from the European Association for the Storage of Energy.
Enjoy the dispatch!
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Sam Morgan: https://twitter.com/SamJamesMorgan
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