Energy storage systems in the Asia Pacific region
The opportunities, challenges and business cases
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The Asia Pacific region is in the early stages of a transformational energy transition that requires progressive, widespread switching from fossil fuels to variable renewable energy sources such as wind and solar power. 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.
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- New analysis of business cases for grid-scale energy storage highlight opportunities to maximize multiple revenue streams and optimize projects.
- 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.
