Recording of Thursday, June 20, 2024 | The smarter E Europe Exhibition Program 2024 | Exhibition Program | Language: English | Duration: 13:02 .
The speaker introduces Unlocking Energy's commercial CNI solutions, focusing on global energy storage market trends and challenges. They highlight the importance of defining what an energy storage system can achieve amidst current global market difficulties. Despite these challenges, there is optimism about long-term growth in the energy storage sector, with projections showing significant market value increases by 2031. Focusing on Europe and the UK, they discuss electricity pricing pressures faced due to fluctuating prices influenced by various factors such as geopolitical issues like Ukraine's situation. The speaker notes that every European country has unique needs but shares a common goal: finding solutions for high electricity bills and ensuring reliable grid connection amid increasing power demands from solar panels and electric vehicles. They underscore potential opportunities within smaller scale projects (20 kWh - 1 MWh) up to larger industrial scales (1 MWh - 5 MWh), particularly highlighting Germany, France, Poland, Switzerland among others. Solutions include diverse product offerings aimed at reducing operational costs while enhancing investor returns through advanced battery systems ranging from low-wattage DC solutions to high-capacity options ensuring reduced energy costs and increased reliability for end-users.
Automated summarization by AI Conver
Rising energy costs have been a topic of conversation for quite some time now - for private households as well as companies of all sizes. This session will cover how the latter can decrease their energy costs in addition to reducing their carbon footprint with commercial energy storage, as well as what to consider when buying and installing it.
Further Talks of this session: