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ETES – Commercial Proposition Energy transition increases demand for large-scale energy storage Global trends 2020 to 2030 The global energy storage demand is expected to reach 741 GWh by 2030 Resulting Energy System Challenges Increasing volatile renewable energy penetration in electricity Increasing price volatility at electricity wholesale market +170% >+100% ~100 GW acc. coal phase-out ~+70% Grid Stability Renewable Energy Utilization Flexibility of Conventional Generation Security of Supply Securing frequency and voltage level Prevent grid congestion and renewable energy curtailment Covering increasing flexibility requirements Backup power in case of low RE generation Increasing CO 2 price (€/t) Committed coal phase-out targets in other countries CO2-neutral and sustainable supply chains Increasing share of renewable energy for heat consumption © Siemens Gamesa Renewable Energy GmbH & Co. KG Energy Storage Solution Versatile Broad field of applications Clean and Safe Environmentally safe supply chain and operation Low Cost Abundantly available storage materials Scalable Components individually adaptable to project requirements Geographically Unrestrictive Can be built anywhere in the world 2PDF Image | ETES Electric Thermal Energy Storage
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