A Reality Check on Solar and Energy Storage Today and Tomorrow
Energy, Environment & Sustainability
12:00 – 1:45pm. Solar power and energy storage are at very different points in their technology roadmap, economic viability and current hype, but are inexorably tied together in the eyes of utilities as they develop scenarios and roadmaps. For solar, with non-sensical venture capitalists and market distorting financing in China both becoming a thing of the past, the commodity-like race to the bottom on module and balance of systems costs is slowing and attention is moving back to systems performance and specialization. More rapid growth rates in residential and commercial solar, enhanced by changing regulations and tailored financing and business models, are going to drive adoption of higher performing solar modules, inverters and supporting energy storage systems.
In contrast to solar, the hype machine is in full motion driven by Tesla's unceasing marketing and indications of scale for grid storage both on the supply and demand side in specific locations. That said, today's technology must improve in terms of performance and cost to be truly viable and mirror solar's impact. Chris will lay out the landscape of current technology for utility and distributed systems, for both solar and energy storage components, but then project out what to expect and what, if any, step changes could be on the horizon. First 15-20 minutes is for networking Sandwiches and Beverages included Hosted by the Energy Committee
The American Chamber of Commerce in HK 1904 Bank of America Tower 12 Harcourt Road Central, Hong Kong