What is the single biggest factor to achieving renewable goals? You might be surprised

What is the single biggest factor to achieving renewable goals? You might be surprised

A new report describes the ways to best advance energy storage systems as a part of the infrastructure for a sustainable energy future. The report, Renewables and Electricity Storage, was issued by the International Renewable Energy Agency (IRENA) and provides a direction to best achieve those goals.

The report was issued as a part of IRENA's REmap 2030 program, which is meant to avoid effects of climate change and further the goals of sustainable energy transformation and growth. It also has a goal of doubling the share of renewable energy by 2030.

"The country-based analysis of REmap 2030 suggest that national renewable energy plans would increase the renewable share in annual global power generation from 22 percent in 2014 to 27 percent by 2030," the report explained. "However, the results also suggest that existing plans underestimate current market growth, especially for variable renewable energy sources like solar photovoltaics and wind power."

IRENA's goal is for the amount of renewables in the energy sector to meet 45 percent of total energy supply by 2030 -- which means adding an estimated 150 gigawatts (GW) of battery storage and 325 GW of pumped-storage hydroelectricity in 26 countries. According to IRENA, this goal means energy storage must become a priority.

"Now is the time to think about integrating large-scale battery storage into the global energy system," said IRENA Director-General Adnan-Z Amin in a statement. "This roadmap is a starting point for all policy makers seeking to integrate greater storage capabilities, which is necessary to ensure the world is ready for the next phase of growth for renewable power systems."

The report outlined 14 action items across five priority areas, and stressed the need for government and industry to work together to facilitate development of policies on electricity storage.

Source: Smart Grid News

Smart Grid Bulletin July 2019

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