Report

The Power of Batteries to Expand Renewable Energy in Emerging Markets

June 2, 2021

The global power and transportation sectors of the future will be fundamentally different from today, igniting opportunities for investment in new technologies that can bolster resilience and lower carbon emissions. One of those key technologies is batteries, which are creating increasingly compelling solutions for storing and distributing renewable energy.

Contents

  • Sector background
  • Battery basics
  • The business case
  • Battery costs are falling
  • Challenges
  • The many uses of battery storage
  • The opportunity

Conceptual image of a modern battery energy storage system with wind turbines and solar panel power plants in background. 3d rendering