World Bank says ‘flagship’ Eskom battery scheme to open way for private investment in the …

The World Bank reports that Eskom’s large-scale battery energy storage initiative, which will involve the installation of  battery energy storage systems (BESS) across up to eight sites, is being treated as a “flagship” initiative by the global development finance institution, which has committed $1-billion to support the deployment of battery technologies globally. In August, Eskom called for bids for the design and construction of a BESS to be installed at the Skaapvlei substation at Vredendal, in the Western Cape, where the group’s 100 MW Sere wind farm is already located. The system should have a minimum power capacity of 80 MW and an energy capacity of 320 MWh.
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Green economy faces challenge to replace carbon energy sources

The march toward a greener global economy is headed into a more difficult second phase that will aim to replace carbon as an energy source, said panelists during the Bloomberg New Economy Forum. Companies including Honeywell International Inc. and Schneider Electric SE are offering solutions to reduce carbon emissions in commercial buildings, the petrochemical industry and transportation that are being adopted now, which constitutes the first phase. But the replacement of carbon-based energy will be more difficult and require more breakthroughs, said Honeywell CEO Darius Adamczyk.
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