WETEX 2022: ‘Regulatory changes will increase adoption rate of energy storage applications’

WETEX 2022: ‘Regulatory changes will increase adoption rate of energy storage applications’

Regulatory changes could increase the adoption rate of energy storage applications, which would in turn increase the penetration rate for renewable energy, speakers at an energy storage panel at WETEX 2022 event in Dubai have said.

They noted that while there are regulations for fire safety, how batteries should be connected, grid imports and exports, there is no regulation for batteries.

Moneef Barakat, CEO of Solarabic, who was moderating the session, said the region does not have enough penetration renewable energy to fill the real need for energy storage.

“As countries build more solar energy capacity, it will create more intermittency on the grid, which will require stabilisation. And stabilisation can easily be achieved with storage, especially lithium-ion batteries because they have milli-second response time,” he said.

Barakat said there is a need for a uniform policy as different storage technologies have different environmental policies.

Rabih Baroud, Regional Renewable Sales Leader at Bureau Veritas, agreed that there isn’t enough renewable energy capacity in the region to implement energy storage on a wide scale.

“But it is coming, and we have seen many countries, including the UAE and Egypt, adding renewable energy and energy storage,” he said.

George Kurian, Head of Product at Admiral Energy said the caveat