Dubai PR Network, Online Press Release from Dubai and Middle East
 
(Energy and Industry)
Filter PR by
  

Unlocking the Middle East's Renewable Potential: The Role of Energy Storage

 
Unlocking the Middle East's Renewable Potential: The Role of Energy Storage

By Natalya Makarochkina, Senior Vice President, Secure Power Division at Schneider Electric

In achieving the energy mix to meet sustainability goals, energy storage in various forms, will play an increasingly important role.

The disruption of recent times has once again put a focus on the ability of businesses to adapt to change and be resilient. This is being applied to all business aspects, including supply chains. However, the same principles are drilling further down and into the fundamentals, namely power.

As the effects of climate change are being increasingly felt, and emission reduction deadlines approach, to a backdrop of outages and constrained power supply, power resilience and energy storage have been shown to be vital in ensuring that renewable energy sources (RES) can be integrated into national grids and made suitable to power the digital economy across the region.

The application of digital technologies to energy, in the form of Electricity 4.0, has the potential to support growth and sustainability, while ensuring resilience. In the same manner as Industry 4.0 is seeing the digitalization of industry, Electricity 4.0 is the similar digitalization of electricity generation and distribution.

Renewable progress

The adoption of RES has continued apace across the region. The non-profit group Global Energy Monitor reports specific states within the area have set targets for a fivefold increase in wind and solar by 2030. There are planned wind and solar projects by some of the major renewable investors in the region which outstrip plans for new gas-fired power plants four-fold. The plans will add 73.4GW to the 12GW of utility-scale solar and wind power currently in operation, with 60.9GW of the new capacity to come online before 2030.

The MENA Power Projects Forum last year reported that overall investment in the MENA power sector will exceed a total of $250 billion, making it the highest among all energy sectors. Of these, nearly $60 billion worth of power projects are being developed in Saudi Arabia. In a recent report, United Arab Emirates has announced plans to triple its RES and invest up to $54 billion over the next seven years to meet growing energy demands. Similarly, Egypt has $37 billion worth of power projects in progress.

While this is welcome news for emission reduction and energy availability, it also brings with it major challenges. RES generation is characterized by variability due to the fluctuating intensity of the sun and wind, which impacts generative power.

To effectively address this and enable the integration of intermittent renewable energy, grid-scale energy storage is a critical component of the required infrastructure. By implementing grid-scale energy storage solutions, it becomes possible to support the development of resilient-grids capable of accommodating 70% or more RES, as demonstrated by MIT research.

Long duration storage

Long-duration energy storage (LDES) is a major technical challenge, where requirements could be for hours, days, weeks or even months. Pumped-storage hydroelectricity is the most widely used storage technology and holds considerable untapped potential in several regions. However, batteries remain the most scalable type of grid-scale storage due to their packaging, modular deployment, and easy availability, and the market has seen strong growth in recent years according to the IEA. Other storage technologies include compressed air and gravity storage, but they play a comparatively small role in current power systems.

Additionally, the emerging technology of hydrogen, according to the IEA holds promise for the seasonal storage of renewable energy. 

Microgrid support

Although not providing LDES, microgrids offer short term storage capacity that can help in terms of smoothing peak grid usage, leveraging technologies such as intelligent UPS estates, as well as with the overall variability concerns. This is seen as a benefit where proximity to the RES generation may be an issue, and for more rural deployments. These combined capabilities also provide resilience for the energy supply, ensuring that even when entire generation sites are offline for any reason, whether due to atmospheric conditions or disruption, power can flow and meet immediate needs until other measures can be brought to bear.

Broader facilities

As many nations move towards implementing smart national grids to meet future needs, microgrids are seen as a significant factor. Through new management and orchestration systems, large energy users can be rewarded for their storage and resupply capabilities, as well as demand side management to support peak usage across the grid.

The ability to quickly implement such measures through economies of scale, reference designs and vendors’ relentless pursuit of efficiency, combined with facilities such as product environmental profiles (PEP), mean that organizations can confidently build out capacity, while supporting wider efforts to decarbonize, and move the entire region closer to a net zero energy future.

Schneider Electric offers a range of solutions in this area, including many variations on solar, to further provide options for many scenarios.

Digital innovation in power

Schneider Electric is contributing to these efforts through the concept of Electricity 4.0. The digitalization of energy is a key factor ensuring the benefits of digital technologies can support smart grids, microgrid integration, RES adoption, and the path to net zero.

Digital innovation brings greater visibility in energy generation and distribution, eliminating waste and driving efficiency. Digital technology such as metering and monitoring enables everyone to see how they are using our energy. In addition, smart devices, apps, analytics, and software go a step further and enable us to deploy smart energy more efficiently, meaning we can address a huge amount of untapped potential for energy savings. Providing businesses and service providers with the solutions and services to fully orchestrate digital energy management means that everyone can plug in and contribute to a more renewable-powered, sustainable energy future.

Part of the solution

Renewable energy sources are likely to form a significant proportion of energy generation in the future, as part of a solution to achieve a decarbonized, net zero goal. Grid-scale energy storage and the resilience that it provides will be critical in facilitating those renewable energy sources in the digitalized smart grids of the future.

Large energy consumers, leveraging digitalized energy systems can be a part of that solution, supporting change, increasing transparency, and underpinning the development of digital economies that are sustainable and accessible to all.

 


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 12271 times
PR Category : Energy and Industry
Posted on : Wednesday, May 8, 2024  4:23:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Next Story : Davis & Shirtliff Partners with Trina Solar to Accelerate So...
Email this article Print this article

Share this article with your friends and followers
NewsVine
 
 
Most Viewed Press Release posted in the last 7 days
Catrice Unveils the Spring/Summer 2024 Collection: Introducing Shine Bomb Lip Lacquer! [37605-Views]
Unleash Your Inner Royalty with “Call me Queen” Dramatic False Lash Effect Mascara by esse... [36506-Views]
POCO Sets New Standard with Global Launch of F-Series in Dubai [32074-Views]
WFP News Video: WFP Warns Unprecedented Drought and Floods Causing Surge in Climate Relate... [30520-Views]
Pogačar takes second victory in a row at Giro D'Italia [26121-Views]
Pogačar second on Giro climb of Passo del Brocon [23407-Views]
Porsche Becomes Third Major Manufacturer To Commit To Formula E's Gen4 Era Until At Least ... [22042-Views]
Pogačar triumphs on Queen stage of Giro D'Italia [21443-Views]
Beauty Meets Technology: CHATEAU BERGER Cosmetiques Unveils its Cutting-Edge Skincare Line... [10820-Views]
Rick and Morty x SHEGLAM: Jump into an Interdimensional Makeup Adventure [10463-Views]
Alpen Capital Report highlights investment opportunities amid strengthening investment tie... [7950-Views]
Eid Al-Adha at Bawabat Al Sharq Mall: Mark Your Calendars for Great Family Fun & Big Wins... [7806-Views]
TCL Middle East & Africa showcases their latest line-up of products in Istanbul [7597-Views]
Danube Properties hands over project Pearlz six months ahead of schedule [7421-Views]
AW Rostamani Group Drives Sustainable Mobility at Electric Vehicle Innovation Summit With ... [7392-Views]
Cartier Spring-Summer 2024 Trinity Eyewear Limited Edition [7351-Views]
AIDA-2024 discusses the uses of AI in medicine and cosmetic surgery [7261-Views]
Opening Soon: Union Coop Announces Completion of Silicon Oasis Center [6966-Views]
Qatar Executive Welcomes the World's First Gulfstream G700 Aircraft to Doha [6814-Views]
Largest ever edition of the International Exhibition for National Security & Resilience ge... [6810-Views]
Fenton x Gemfields launch emerald-themed capsule collection with a conscience [6712-Views]
Air Chateau – a promising 360° helicopter operation, gearing to redefine the mobility spac... [6621-Views]
Contemporary Indian Tapas, Cocktails, and Shisha Lounge Indi 16 Now Open at Citymax Busine... [6580-Views]
EDGE Group and Fincantieri Formalise Shipbuilding Joint Venture, MAESTRAL, and Announce 40... [6355-Views]
Day one of International Exhibition for National Security & Resilience (ISNR) Abu Dhabi 20... [6293-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
Back to Section Home

Related Stories

 
Top Sections
 
Top Stories