LEVERAGING ENERGY STORAGE SYSTEMS IN MENA
Several MENA countries - especially in the GCC - are equipped with competitive advantages in renewable plus storage procurement, due to the availability of vast lands and low-cost solar
Pumped hydro storage (PHS) has the largest share of installed capacity in MENA at 55%, as compared to a global share of 90%. Pumped hydro storage is one of the oldest energy storage technologies, which explains its dominance in the global ESS market.
Electrochemical storage (batteries) will be the leading energy storage solution in MENA in the short to medium terms, led by sodium-sulfur (NaS) and lithium-ion (Li-Ion) batteries.
Energy Storage System deployment in MENA Energy Storage Systems (ESS) play a critical role in the integration of VRE into the power grid, as these systems manage the intermittencies of renewable energy resources and mitigate potential power supply disruptions.
For energy storage, in addition to the stored electricity, the values accrued from stacked services such as spinning reserves, frequency regulation, and energy arbitrage are major criteria in the selection of technology and its applications.
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