Recording of Thursday, June 20, 2024 | The smarter E Europe 2024 | Exhibition Program | Language: English | Duration: 7:39 .
Eren Enger introduces himself at InterSolar, highlighting the significance of Eldis for EMEA (Europe, Middle East, and Africa). He asserts that while the US will become a major market in 5-10 years, Eldis' growth will begin in EMEA. Spain and Portugal are expected leaders due to their visionary governments and past experience with CSP and solar technologies. The Middle East is particularly promising because its high temperatures limit competition from lithium-ion batteries on commercial scales. Countries like Saudi Arabia and UAE have already initiated renewable investments aiming for net zero targets by 2030-2035. Malta Inc., originally a Google Labs project named Malta backed by Nobel Prize-winning research, became commercialized in 2018 after securing significant funding from Google and others. Partnerships with Alpha-Level (2019), Siemens Energy (2020), and ProMond (2021) furthered its progress. These collaborations underscore Malta's strategy of leveraging powerful partners both financially and technically to advance molten salt energy storage systems globally. Enger emphasizes the urgent need for rapid advancements in renewable energy to combat climate change impacts effectively before presenting an illustrative video on this topic.
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Storing energy for longer can safely provide additional flexibility for a power system relying on renewable energy sources, and thus plays an important role in a successful energy transition. Co-hosted by LDES and IBESA, this session will dive headfirst into the topic of long duration energy storage systems - learn about current market dynamics, technologies and more!
Further Talks of this session: