Energy storage can help mitigate climate change, but it is still on low levels and needs to triple by 2050 to keep global warming below 2°C. To do this we need to look at innovative ways of speeding up the process. Could energy-storage-as-a-service be one of the solutions?
Reforming our energy system is one of the most important measures to mitigate climate change. Energy storage is an important aspect of this. Globally, only 3% of power capacity is being stored. To limit global warming to below 2°C, energy storage capacity would need to increase from 140 GW in 2014 to 450 GW in 2050.