The energy market of the future will be based on a high proportion of renewable sources. Europe aims to generate 20% of its energy from renewables by 2020 and Germany aims to generate 80% of its domestic demand with renewables by 2050. As the proportion of renewables powering the electricity grids increases, the grids must adapt to the challenges associated with integrating sources which are inherently unpredictable and not always available. On a single day in May 2014, Germany produced 75% of its national demand with renewable power, as the market and operators struggled to respond, negative electricity prices were offered on the market.
Energy storage systems can alleviate the problems caused by this increasing proportion of renewables, by buffering supply and demand.
The Carbonclean energy systems are highly flexible and scalable, and provide multi-hundred MWh storage capacities at low costs.