What will future energy storage look like?
The future city is an energy storage city – a smart city where energy is needed on the go, a city where a large share of energy comes from renewable sources, a city where IoT allows communication between appliances and infrastructure. A future with battery-powered gadgets and vehicles, appliances, fuel cells and skyscrapers made of hydrogen-produced steel, thermal grids for heating entire neighbourhoods and cooling supermarkets. What will it take to integrate these technologies and what might the future city look like?
Future cities need to transform into smart energy storage cities. Today we see an increased need of energy, within supply, production, and storage.
To limit global warming to below 2°C, energy storage capacity needs to triple by 2050. To do this we need to look at innovative ways of speeding up the process. Could energy-storage-as-a-service be one of the solutions?
“The energy world is on the verge of a storage revolution, but there is a risk that this transition will be hindered by a variety of obstacles. Perhaps the main challenges to overcome are common misconceptions about the costs, safety and commercial availability of storage technologies”, says Magnus Lindén, Energy expert at Sweco.
The rise of energy storage:
- At the global level, energy storage can help curb climate change by decreasing emissions from electricity, heating and cooling needs.
- At the community level, energy storage can involve more resilient and flexible energy systems with higher levels of energy security through integration of locally produced energy.
- From the citizen perspective, energy storage holds the benefit of improved control of energy costs and origin.
- For the private sector, energy storage can open new business opportunities with constant innovation of offered services.
Read more about energy storage in the Urban Insight report by Sweco ‘Beyond the Tipping Point: Future Energy Storage’.