In the global push towards renewable energy, energy storage is emerging as the linchpin of the transition.
As intermittent sources like wind and solar proliferate, the ability to store and dispatch power on demand has become increasingly crucial, attracting major institutional investors to the sector.
Edward Northam
Macquarie Group
“Energy storage isn’t just an add-on to renewable energy—it’s the key that unlocks its full potential,” said Ed Northam, head of renewable energy and head of Asia Pacific for Macquarie Asset Management Green Investments.
“As we transition from global electricity grids to rely more heavily on intermittent resources like wind and solar, storage becomes the backbone of a stable, sustainable energy future.”
The potential of energy storage extends beyond intermittency, he told AsianInvestor.
Battery storage for renewables is considered a game-changer in two critical ways.
It enables ‘load…
