Energy storage has existed for some time now; however, in recent years, the need for and use of energy storage has increased significantly around the world
the storage story
Energy storage replaces the construction of additional production facilities and saves on areas, as well as the aspiration to reduce greenhouse gas emissions by transitioning to renewable energy, which are usually not available throughout the entire day, reinforces the need for energy storage. The use of storage solutions can solve the problem of excess production by absorbing the excess production during the daytime, and releasing it during the evening and night hours.
According to estimates, the global energy storage market is expected to exceed 1TWh by 2030