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Energy storage

China to become largest energy storage market in Asia Pacific by 2024

Wood Mackenzie expects China to become the largest energy storage market in Asia Pacific by 2024. China’s cumulative energy storage capacity is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours (MWh) in 2017 to 12.5 gigawatts (GW) or 32.1GWh in 2024. This represents an increase in the installed base of 25 times.   […]

Demand/Supply – Renewable energy with guarantees of origin (GO)

Ever since 1999, energy users in Europe have demanded documentation of the origin of the electricity they use, which launched an exponential market development. 470 TWh of renewable energy with Guarantee of Origin were sold and consumed in 2017.
Over the last years, a global market for renewable energy certificates has started to develop and equal tracing mechanisms are available also outside Europe.

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