Much of the discussion regarding renewables and energy storage takes place from the perspective of advanced economies that have strong, well developed, and highly reliable grid infrastructure providing power as needed.
What is missed often in these discussions is that while energy storage has an increasingly important role to play in the “strong grid” regions, it has a highly critical, almost essential, role to play in vast regions of the world that are more typically associated with high cost energy, such as islands, weak and/or intermittent grids (which exist on at least three continents), or even no grid at all, which applies to approximately 20% of the global population that is believed to have no access to electric power. From an energy sector perspective, these regions are often referred to as emerging markets.
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