Why do we need energy storage solutions?

As the global energy transition accelerates, the need for reliable, scalable and cost-effective energy storage solutions has never been greater.

What makes STEM a great energy storage company?

Stem is determined to build the world’s largest network of energy storage. This means preparing for and managing complexity. We navigate the shifting landscape of utility tariffs, constantly re-optimizing to ensure our customers receive the greatest benefit possible from storage.

Where will UK energy storage develop a hydrogen storage solution?

UK Energy Storage plans to develop this hydrogen storage solution in three areas of the UK – Dorset, East Yorkshire and Cheshire – with the goal of delivering its first project by 2030. Swiss company Energy Vault is an active developer of gravitational energy storage solutions, particularly in China.

Who benefits from energy storage?

Anyone that consumes, manages, or distributes energy directly benefits from the flexibility that energy storage delivers - whether that’s the flexibility to buy energy at the cheapest times, to use more renewable energy, to sell energy at the best price, or to switch to backup power during a grid outage.

What is energy storage & how does it work?

Unlike passive energy technologies, such as solar PV or energy eficiency upgrades, energy storage is a dynamic, flexible asset that needs to be precisely scheduled to deliver the most value. Energy storage can be operated in a variety of ways to deliver customized services based on a customer’s unique needs.

How to optimize energy storage systems for multiple value streams?

Optimizing energy storage systems for multiple value streams and maximizing the value of storage assets depends on intelligent operating systems that analyze large datasets and make real-time decisions, automatically responding to changing conditions.