Climate Smart Ventures – ICSC | Institute for Climate and Sustainable Cities

RE storage now a reality, private sector urged to invest

Ira Guerrero2022-11-28T12:50:57+08:0026 Nov 2022|Tags: Carbon Trust, Climate Smart Ventures, energy efficiency, energy storage, energy transition, ICD, Institute of Corporate Directors, Pilipinas: Aspire Rise Sustain, Reboot, renewable energy, resilience, sustainable development, The Climate Reality Project Philippines|

QUEZON CITY, November 26, 2022 – As renewable energy (RE) technologies have become more efficient and affordable, the reality of energy storage systems (ESS) fills the gap that constrains the increase of RE's share in the power generation mix of the Philippines. With ESS, the variability of RE becomes a non-issue and 24/7 power with renewables [...]