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Posted 2 years ago | 2 minute read

USA Market: EIA maps battery storage expansion

Irish government must adopt an energy storage strategy

Energy storage technologies could save Irish consumers €85M a year on electric bills and cut 1M tonnes of carbon emissions, according to a new report.

Currently almost 500MW of energy storage is connected to the all-island electricity system while over 1GW of projects have planning permission. The Game Changer: How Energy Storage is the Key to a Secure, Sustainable, Clean Energy Future in Ireland report, published on 26 May, modelled how the Irish electricity system would operate in 2030 with 2,000MW of energy storage, (1,600MW of that in the Republic of Ireland). It also identified how the approach will cut carbon emissions and reduce electricity prices.

Key findings included:

Mark Davis, GridBeyond’s Managing Director UK & Ireland said:

“The need to decarbonise our energy supply is already a significant challenge, and one that has been exacerbated since the start of the year. The invasion of Ukraine and demonstration our dependence on imported fossil fuels means Irish electricity consumers have seen significant increases in their bills, with more rises likely on the horizon.

“Energy storage is an essential part of decarbonising our electricity system. It allows us to fully harness our own renewables resources, in turn reducing dependence on energy imports. But to accelerate the delivery of energy storage we need a coordinated strategy from policymakers in Ireland and Northern Ireland to redesign the electricity market to incentivise investors and utilities to replace fossil fuel back-ups with cleaner and cheaper alternatives.”

USA Market: EIA maps battery storage expansion
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