Frost & Sullivan Energy Storage Report
Prospects for Energy Storage in the Region - an outlook by Frost & Sullivan
With renewable energy emerging as a key modality toward decarbonisation of the electric value chain, grid-scale renewable integration is now gathering momentum across the GCC and wider Middle East region. Installed renewable capacity, across the Middle East alone is expected to increase from ~5GW in 2020 to over 130GW by 2030.
While renewables are a carbon-neutral source of power leveraging an infinite source of fuel, strong grids and energy storage systems are key to addressing the variable nature of resources like solar and wind.
Energy & Utilities' latest report in partnership with Frost & Sullivan - Prospects for Energy Storage in the Region, sheds light on the challenges faced while integrating renewable resources into the electricity grid and adoption of successful energy storage solutions.