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Why is this so important? Energy storage is key to secure constant renewable energy supply to power systems – even when the sun does not shine, and the wind does not blow. Energy storage provides a solution to achieve flexibility, enhance grid reliability and power quality, and accommodate the scale-up of renewable energy. But most of the energy storage systems developed to date are not suited for the distinct conditions and use cases of the developing world.
That is why the Masen testing site, also called testbed, is located in a harsh desert environment. Not only can it replicate the climate conditions in which the storage systems will be housed, but it can also provide testing conditions for their ultimate use cases, such as providing night-time low voltage power for critical needs like local hospitals.
The testbeds are being built with these conditions, needs, and use cases in mind. The idea is that with the right storage systems in place, the real potential of renewable energy can be met, and with that, the world can start to meet its net zero obligations.
It is increasingly clear that the global deployment of renewable energy is dependent on scaling up storage systems. It is the frontier that must be crossed to reach net zero and universal access to clean energy by 2030. For instance, Morocco itself has a target of having 52% of its installed capacity coming from renewable sources, but this is not a target it can reach without energy storage to provide the essential flexibility needed for renewable energy production at scale.
Solar PV is already the cheapest source of electricity but without storage, it cannot be properly harnessed. The only way to put more of that PV into grids or into national plans for capacity expansion is if there is storage to match demand and production of electricity.
The evolution of renewable energy has come in two distinct phases. From 2010 to 2020 the overall pricing of renewable energy systems – especially for solar and wind energy - either dropped below or reached parity with fossil fuels in most countries. This incentivized a huge increase in new projects. But since then, what has become apparent is that solar and wind projects have placed huge pressures on national grid systems, which typically can only absorb around 30% of the new solar and wind power that is generated.
In addition to new storage technologies, energy storage systems need an enabling environment that facilitates their financing and implementation, which requires broad support from many stakeholders. ESMAP has created and hosts the Energy Storage Partnership (ESP), which aims to finance 17.5-gigawatt hours (GWh) of battery storage by 2025 – more than triple the 4.5 GWh currently installed in all developing countries. So far, the program has mobilized $725 million in concessional funding and will provide 4.7 GWh of battery storage (active projects), supplemented by 2.4 GWh (future pipeline).
The ESP is currently working to develop a solar PV plus battery storage hybrid power purchase agreement (PPA) framework. PPAs are the backbone of all power projects as they help determine, for example, who will buy the electricity and at what price. This brings the certainty necessary to get projects financed.
Creating this PPA framework as a global good will allow for the systematic deployment of storage systems around the world, moving beyond the project-by-project approach. It will also allow far greater volumes of finance to enter the sector, especially from the private sector.
Mainstreaming energy storage systems in the developing world will be a game changer. They will accelerate much wider access to electricity, while also enabling much greater use of renewable energy, so helping the world to meet its net zero, decarbonization targets.
The Energy Storage Partnership held its Stakeholder Forum and the 9th ESP Partner Meetings June 26-30, 2023, with more than 40 countries represented. Our thanks go to our hosts, the United Kingdom Government - through the UK Department for Energy Security and Net Zero, and the Foreign, Commonwealth and Development Office (FCDO) - and Loughborough University. This is the first time the ESP Stakeholder Forum was held in the UK.
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Global Director for the World Bank Energy and Extractives Global Department
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Morocco currently aims to increase the share of renewables in its total power capacity to 52% by 2030, 70% by 2040 and 80% by 2050. Morocco''s new targets are against a backdrop of the progress achieved in the expansion of both wind and solar during the initial phase of energy transition, according to GlobalData.
Pavan Vyakaranam, Project Manager at GlobalData, comments: "Morocco plans to achieve its 2030, 2040, and 2050 renewable energy targets through technological evolution in energy storage, green hydrogen, and decreasing renewable energy costs. The country is currently on track to achieve its 2030 renewable capacity target and will reduce its reliance on thermal sources such as coal and oil. The installed capacity share of coal will decline from 38.8% in 2020 to 22% by 2030 and the share of oil based thermal capacity will reduce to 9.2% by 2030 from 16.2% in 2020."
Vyakaranam adds: "Apart from developing large renewable projects, Morocco should focus on improving its existing renewable energy laws to enable development of small-scale grid connected renewable systems. Currently, the net metering legislation discourages investments in rooftop PV and small renewable systems other than for self-generation, as it connects to only 20% of their annual production to the grid.
"The country should also continue to award solar and wind projects such as the tender issued in January 2021 by the Moroccan Agency for Solar Energy (MASEN) for the construction of a 400 MW solar power plant. The plant is part of the first phase of the Noor PV II project, under which several PV arrays will be built across eight different locations."
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About Morocco retail store energy storage
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