Energy Storage: Technology Review and Market Potential in the EBRD Countries of Operation
Regional, 19 September 2019
The European Bank for Reconstruction and Development (the EBRD or the Bank), within its Green Economy Transition (GET) approach, is committed to scaling-up financing of projects that advance the transition to environmentally sustainable, low-carbon economies in its Countries of Operations (COOs).
Among the different areas of investment to enhance the efficiency and reliability of electricity systems, the Bank is interested in better understanding the possible role and investment needs in its COOs of various forms of energy storage, such as batteries, capacitors, thermal and chemical storage systems, compressed air and more conventional hydro-pumped and other mechanical storage solutions. The Bank wishes to engage a Consultant to provide support in improving its current general knowledge level on energy storage, and assessing the market potential for energy storage in its COOs.
EBRD intends to select and contract a consulting company (the Consultant) to the Assignment.
The expected outcome of the Assignment is a report and the successful delivery of a workshop.
The selected Consultant is expected to provide the following services:
Review the main technical solutions which are commercially available for electricity storage by providing a detailed analysis of elements including (but not limited to) (i) commercial aspects, (ii) technical aspects, (iii) economic, market and regulatory conditions and (iv) provide a high level mapping of relevance and readiness for investment in the Bank's COOs.
Provide a high level mapping of relevance and readiness for investment in the Bank's COOs, including an assessment of technical constraints and economic benefits of the different feasible types of storage to the respective system taking into account its specific storage needs.
Organise a workshop to disseminate the key findings of the study.
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