Supercharging Battery Storage
Mission
The new CEM initiative will aim to boost stationary battery storage development and deployment and reduce technology cost, through international cooperation and alignment as appropriate, to build a diversified, sustainable, responsible, secure and transparent supply chain, to promote grid stability and reliability and to support the integration of renewable energy globally.
Resources
Read the new battery storage report “Battery Storage Unlocked: Lessons Learned from Emerging Economies”
Overview
The Supercharging Battery Storage Initiative’s work is organized on three pillars:
Three Pillars:
Community
Timeline – Key Steps
CEM Seniors’ Official Meeting in Rio, Brazil, March 2023
Selwin Charles Hart – Special Adviser to the UN Secretary-General on Climate Action and Just Transition in his message to CEM Members mentioned battery storage deployment as a key priority to advance our shared climate goal.
Outcome: CEM Members agreed to explore potential work on battery storage deployment. CEM Secretariat tasked to facilitate follow up discussions during CEM15 in Goa.
CEM14: High-level closed-door Minister/CEO Roundtable, July 2023
Recognizing the growing importance and critical need for battery storage in advancing clean energy transition, Australia, Canada, European Commission and the United States expressed interest in identifying common areas of work for a potential new workstream on battery storage, with a potential formal kick-off at COP28 in December. The CEM Secretariat will continue to facilitate the cooperation amongst interested countries and collaborate with UN Secretary General’s Office to also feature this work at the upcoming UN Climate Ambition Summit in New York in September this year.
UN Climate Ambition Summit, September 2023
Leaders agreed to coordinated efforts within the Clean Energy Ministerial (CEM) to overcome barriers and accelerate the deployment of utility-scale battery storage by uniting existing initiatives and stakeholders to accelerate this essential technology. Battery storage will be vital for integrating renewables, enhancing grid flexibility, resilience, and affordable off-grid energy. This new platform under the CEM will be formally launched at COP 28.
COP28: official launch of the Initiative
The Clean Energy Ministerial launched a new initiative to supercharge battery storage deployment globally to meet our net-zero goals at COP28, Dubai, UAE. The event at COP28 had great panellists, among which:
▶ Selwin Hart, Special Adviser to the United Nations Secretary-General on Climate Action and Just Transition
▶ Ditte Juul Jørgensen, Director General for Energy, European Commission
▶ Andrew Light, Assistant Secretary U.S. Department of Energy (DOE)
▶ Kushla Munro, Head of Division, Department of Climate Change, Energy, the Environment and Water, Australia
▶ Rachel McCormick, DG of International and Intergovernmental Affairs, Canada.
▶ Thiago Barral, Secretary of planning and energy transition, Ministry of Mines and Energy, Brazil
Panel Discussion:
▶ Luis Tineo, CEO Climate Investment Funds
▶ Julia Souder, CEO Long Duration Energy Storage Council (LDES Council)
▶ Rik De Buyserie, CEO, ENGIE Australia & New Zealand
▶ Rui Luo Interim Head of International Environment and Climate Program Bloomberg Philanthropies
▶ Seb Henbest, Global Head of Climate Transition, HSBC Global Banking and Markets
▶ Demetrios Papathanasiou, Global Director for Energy and Extractives Global Practice, The World Bank