pIn line with global efforts to combat climate change, there is an urgency to shift power generation from traditional carbon-intensive fossil fuels to renewable energy sources, such as solar and wind. To integrate these intermittent renewable energy technologies, battery energy storage systems (BESS) are critical to storing and releasing clean energy during times of intermittency or grid congestion. BESS can also reduce the cost of capital-intensive transmission or distribution upgrades and provide important services to support grid stability and resilience. Deploying and scaling up BESS solutions is thus a critical element for countries to consider when transitioning to a clean energy future.
Co-hosted by the U.S. Department of State’s Power Sector Program and the Energy Market Authority of Singapore, this roundtable will feature U.S. government and private sector perspectives on U.S. deployment experiences with BESS, including policy and regulatory frameworks, renumeration approaches, technology trends, use cases and applications, and technical and commercial benefits. Experts will share BESS implementation case studies in the United States. By providing operational and planning insights in distinct market settings across the United States, speakers will highlight how BESS can benefit the Asia region. In particular, speakers will focus on lessons learned from these U.S. use cases and discuss leading practices that East Asia Summit (EAS) members can consider to minimize the barriers to implementation and maximize the benefits of BESS. U.S. case studies will also highlight market incentives and necessary reforms to cultivate merchant projects. Officials from EAS member countries will discuss national efforts to promote BESS and regional perspectives, focusing on their countries’ initiatives to procure, install, and operate BESS.