Will energy storage energize Taiwan's manufacturing sector?

Energy storage will play a key role in the industry as the smart grid and renewable energy grow. As energy storage prices fall, many solutions will find room for backup and time-shifting applications. Gridtential announced a partnership with Taiwan battery maker Pilot Battery Co. that could energize Taiwan’s manufacturing sector.

What is energy storage equipment in Taiwan?

Taiwan revised its “Renewable Energy Development Act” on May 1, 2019, and Article 3, paragraph 1, Subparagraph 14 of the Act clearly defines energy storage equipment as a means of storage for power which also stabilizes the power system, including the energy storage components, the power conversion, and power management system.

What is Taiwan's energy storage industry?

According to the analysis put forward by the Industry, Science and Technology International Strategy Center (ISTI) of the ITRI, Taiwan's energy storage industry can be divided into batteries, power regulators, power management systems, and system integration (SI), as well as other sectors.

Can gridtential energize Taiwan's manufacturing sector?

Gridtential announced a partnership with Taiwan battery maker Pilot Battery Co. that could energize Taiwan’s manufacturing sector. The partnership will aim to develop the market for energy storage systems (ESS) in Taiwan through Gridtential’s Silicon Joule bipolar battery technology.

Does Taiwan have a demand for energy storage systems?

Taiwan has a demand for energy storage systems, electric vehicles, and industrial development. Taiwan's foundation in the energy storage industry is in the field of battery technology, but it is difficult to compete with international manufacturers in terms of costs.

What is Taiwan's energy storage policy?

Taiwan's power grid system is an independent power grid. To cope with the impact of renewable energy integration in the future, there is a demand for energy storage systems. The government's policies on energy storage can be summarized as follows: (1) Solving the problem of intermittent renewable energy grid connection.