Webinar: The Rise of Electricity Storage



How electricity storage can transform European energy markets

The drive for decarbonisation coupled with competitiveness of renewable power generation has transformed the electricity markets in Europe in recent years. More recently, another substantial transformation is emerging in the form of proliferation of energy storage. The cost of energy storage systems, particularly batteries, is falling rapidly. According to The International Renewable Energy Agency (IRENA) the installed cost of battery storage systems could fall by 50-66% resulting in at least seventeen-fold growth by 2030.

Driven by its growing economic attractiveness, as well as its widespread applications in future electricity systems, electricity storage is poised to play a crucial role in enabling the next phase of transition to a smart energy system. Electricity storage, from the batteries in solar home systems to those in electric vehicles, can provide the flexibility that electricity systems need to further accelerate the deployment of renewable energy. Inevitably, this will have knock-on effects on various market players across Europe.

Therefore, the key questions are: how will electricity storage shape the European electricity market in the years to come? And, who could emerge as the potential winners or losers?

For market players, the challenge lies not only in understanding the impact of such a transformation, but also in re-evaluating their strategies, operational as well as growth, to successfully embrace the change. For it is not the strongest, but rather the most adaptable, that thrive in times of change.

Join ABB’s energy market experts for an analysis of this ever-evolving landscape of European energy. Whether you are:

  • an energy producer or trader
  • an investor in renewables or emerging technologies
  • an electric car manufacturer or planning to develop charging infrastructure in your grid
  • a large electricity consumer
  • keen to learn more about the latest market trends

You will come away with real-world, hard-hitting, actionable takeaways to help you make the right strategic and operational decisions for your business.

Register for this presentation here.

Event Details
Date: Thursday, November 23, 2017
Time: 2PM London/9AM New York
Duration: 1 hour
Hosted By: Business Review Webinars

Interested but can’t attend the live event? Register anyway, and you’ll have access to the slides and the recording after the live event. After registering, you will receive a confirmation email containing information to joining the webinar.

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Learn more about ABB’s  25-year electricity & fuel price outlook, the Power Reference Cases for Asia Pacific, Europe, and North America (now including Mexico).

We look forward to your participation.