Taking control of energy storage means guaranteeing the development of renewable energies.
Energy storage is the ability to retain energy that has been produced for future consumption. For years, storage technologies – particularly for systems that combine photovoltaic panels and batteries – were expensive, cumbersome and difficult to install. Recent advances have made storage batteries much more accessible.
Why store energy?
Renewable energies are produced intermittently. In order to guarantee consumers a continuous power supply, storage facilities need to be created to balance production and demand.
Storage and Power Systems
Electricity storage helps to relieve power grids, especially during times of high demand. On the other hand, many regions of the world suffer from a chronic lack of electricity underproduction, which leads to recurring load shedding or loss of power. While more than 84% of the world's population has access to electricity, in many countries the rate is less than 50%.
Storage therefore allows professionals and individual consumers to surmount these problems and permanently cover their needs.
What does ENGIE do in the field of storage?
Through its subsidiary Storengy, ENGIE is the leading natural gas storage operator in Europe, with more than 12.2 Gm³ in 21 sites.