8th Oxford Energy Day – The Future of Energy Storage

A few weeks back, we attended the 8th Oxford Energy Day. Leading experts are currently debating the needs and challenges of energy storage in a world away from fossil fuels towards alternative sources of energy. It is clear that this energy transition requires vast investments in new energy storage infrastructure as well as a re-think of regulatory, market and institutional arrangements. With an array storage types that vary in cost and performance we are likely to see public and private investments in a number of scalable technologies and processes such as green ammonia, compressed air storage, hydrogen, heat storage and cryogenic storage. Professor Chris Llewellyn-Smith concluded that “further studies are required of more complex cases to establish the ultimate need for energy storage reduction in a complex renewables-heavy energy system”.