A recent study unveils the transformative potential of Battery Energy Storage Systems (BESS) when integrated with solar and wind power, promising a substantial drop in electricity costs to as low as 6-8 cents per unit. Released under the title “Integrating Battery Storage with Renewables: A Techno-economic Analysis,” this study is a collaborative effort between Renewables First and the Policy Research Institute for Equitable Development.
The study’s insights showcase how this hybrid approach not only drives down costs but also extends energy access to remote communities beyond the national grid. At the study’s launch event, industry experts, researchers, and corporate leaders highlighted the myriad benefits of BESS integration, including enhanced grid stability, peak demand support, and customized energy solutions for consumers.
Ubaid Ullah Khan, a researcher from Renewables First and co-author of the study, emphasized the potential for consistent and affordable power supply to industrial consumers through BESS integration with renewables. Additionally, corporate leaders discussed the commercial feasibility of deploying batteries both on and off the grid, further underlining the strategic advantages of this innovative approach.
In a parallel development, Trina Solar and Zi Solar signed a strategic Memorandum of Understanding (MoU) to drive solar energy adoption in Pakistan, aiming to deploy 120MW of solar energy. This collaboration underscores a shared commitment to advancing sustainable energy solutions and meeting the escalating demand for clean energy nationwide.
