of the energy transition
Invest in battery energy storage systems
Queensland Energy Hub (Australia)
Why the project matters
Why the project matters
Frequently asked questions
Battery energy storage systems include technologies that enable electricity to be stored for later use and contribute to greater stability, flexibility and efficiency in the modern energy system.
The energy system needs more flexibility than it had in the past. With a higher share of solar and other renewable energy, storage is becoming key for balancing the grid and using generated energy more efficiently.
BESS helps make better use of energy from renewable sources, reduces losses and supports the more stable integration of low-carbon sources into the grid. It therefore contributes to a more modern, efficient and sustainable energy system.
This is a segment where infrastructure needs and technological development align with market potential. Demand for BESS is increasing due to growing energy needs and the price appeal of sustainable energy. This means that the investment appeal is growing proportionally from the systemic need for energy storage and the important role BESS plays in this energy transition.