Canary Islands.- The Canary Islands Special Zone (ZEC) has established a battery of contacts with the companies participating in the AETP 2020 webinar. Energy storage: Technologies and projects, organized by Energética XXI Conferences, to analyze the news in the sector and learn about the projects that are being carried out in Spain. At this appointment, now in its eighth edition, companies come: producers, managers, marketers; development design, construction, logistics, operation and maintenance of plants; energy producers, marketers and managers; energy consulting installers, as well as manufacturers, distributors and equipment suppliers; energy and environment consultants; energy agencies and professional associations and public administration and research centers.
It is an essential event for those professionals who want to know first-hand the latest market developments and the projects that are being developed in Spain and Europe. Leading companies and research centers will participate in a technical seminar that last year was attended by more than 70 attendees and a dozen renowned speakers and experts.
Many companies from a diversifying sector intervene in this, which, within the framework of the ZEC, has a projection for the Canary Islands, hence the interest in closing meetings with companies interested in establishing businesses on the islands. The established contact agenda has been adding names such as: MTU Ibérica Propulión y Energías, Mercados Aires International, Solarwatt and Ampere Energy, some speakers and other sponsors of the event.
Although large-scale storage for applications in renewable plants is still far from being a reality and a truly active market in our country, it is clear that in the immediate future it will become a basic tool to guarantee the integration and availability of energies. renewables in the electrical system. It is, and will be even more shortly, an ideal solution to contribute to the penetration of renewables, comply with grid codes, contribute to adjustment services, reduce backup energy needs and improve energy supply in quality and reliability. Furthermore, Europe is already talking about ‘energy storage’ for the first time at the level of the rest of the main pillars of the sector (generation, transport, distribution, final consumer…). According to the latest estimates made from Brussels, the storage sector will generate 250,000 million euros in 2025.
The organizers explain that Spain needs to reach at least 6.5 GW of storage to meet the objectives of the PNIEC, which would mean investing 12,500 million euros per year until 2030. Specifically, of those 6.5 GW, slightly more than half ( 3.5 GW) should be associated with pumping, while about 2.5 GW will correspond to battery storage. Given this promising prospect, few doubt that the energy storage market in Spain will grow strongly in 2020 and will make energy storge a key part of the energy transition and the fulfillment of decarbonisation objectives.
AETP will address the various technologies that are leading storage systems. In this sense, the lithium-ion has so far been the clear winner. 95% of the world market for stationary energy storage technology was dominated by lithium-ion thanks to its progressive reduction in costs through economies of scale. The cost of batteries made from this material has fallen by 85% since 2010, while manufacturing capacity has increased from 14 GWh to 285 GWh in the same period. The conference will also review current storage applications, from renewable stationary plants to self-consumption, through microgrids, hybrid systems or peak shaving.