Japan, South Korea and Australia will drive development of advanced energy storage solutions, prompted by their adoption of smart grids and microgrid energy delivery models.
With sodium sulfur batteries the most common option at the moment, the diverse nature of investment in energy storage technologies in the region will also see the adoption of advanced lith-ion, flow, lead acid and sodium metal halide batteries, say the reports authors.
The Energy Storage in Asia Pacific report predicts 6.4 GW of energy storage will be added in the region in 2022, to reach the cumulative 25.1 GW figure, with China driving investment in utility-scale battery storage, although for bulk storage, pumped hydro will still be a major factor.
The report predicts that the adoption of such technologies in the pioneer economies will open up emerging markets such as India.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.