________________________________________________________________________________________________ Energy Storage
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How battery storage is shaping the future
Ian Sykes, Energy, Utilities, and Commodities Client Principal at BJSS, now part of CGI, explores the evolving world of energy storage, where innovative systems and technologies are providing a solution to economic and sustainability challenges.
Soaring energy costs, a growing focus on sustainability and geopolitical tensions are driving a critical debate about the future of the energy industry. While renewable energy offers a promising solution to these challenges, its inherent intermittency poses a considerable obstacle to delivering the levels of reliability we’ ve all come to expect. Advanced battery storage systems are playing an increasingly vital role in supporting this transition, reducing exposure to wholesale electricity price volatility. This strategic energy management not only empowers consumers and lowers costs, but it also contributes to the overall stability and resilience of the electrical grid.
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