The event, on 19 October in Cooksbridge, near Lewes, is being organised by the University’s Green Growth Platform. Its aim is to promote best practice in the application of sustainable storage solutions and to foster co-operation between businesses in the low carbon and renewables sector across Sussex.
New technological systems will be capable of storing energy generated from the wind and sun during periods of low demand so that it can be used during periods of high demand. This will overcome the problem of variable supply and allow electricity grids to operate more efficiently and cost effectively. The industry is booming – estimates by Lux Research suggest the global industry for energy storage could be worth $100bn in the next few years.
Joy Louis Aloor, Head of Power Technologies at Siemens, will speak about new technologies, projects, and products and how the market is expected to evolve in the short to medium term.
Nick Heyward, Head of Energy Storage at Origami Energy, will give an overview of the financing and funding mechanisms available to developers of energy storage systems, from domestic to industrial level, and on the potential for the sector in Sussex.