Smart Cities

Energy Storage Market Maintains Power Through the Crisis

The COVID-19 crisis has impacted all industries but those that support our efforts to tackle climate change demand the greatest attention as we try to see how our response to the crisis will impact the environment. Energy storage, be it for use in commercial and residential buildings or at district and utility-scales, is one of those industries. Over the past six months, energy storage has been through a rollercoaster of expectations, from fearing the worst at the beginning of the pandemic to seeing record deployment and raising hopes for future growth. The vast potential for energy storage in commercial buildings, however, does not play a role in this environmental success story. A survey by the Energy Storage Association (ESA) suggested that the impact of COVID-19 was already starting to take effect across the sector very early in the crisis. Of the 173 respondents, 63% said they were already experiencing delays in project deployment in March, […]

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