Why do we need Energy Storage?

“Energy Storage is the collection of energy produced at one point in time for use at a later point in time.”

Why do we need Energy Storage?

The national grid has to balance the supply and demand for the energy that we consume. Historically, the profile has been predictable. Due to increases in demand, human behaviour and renewable energy, which is affected by weather, the supply and demand is now unpredictable. Using modern energy control and storage technology (eg Li Ion batteries), excess power generated during low demand can be stored efficiently for use during high demand. This approach supports the growth of renewable energy, reduces emissions and provides economic benefits.