Explainer: The role of energy storage technologies in the energy transition
Lithium-ion batteries dominate the market, but other technologies are emerging, including sodium-ion, flow batteries and liquid CO2 storage.
Debmalya is an energy sector professional with more than 13 years of experience across conventional and clean energy systems. Over the last 13 years he has played various roles including operations, project development, asset management, business development and management consulting. He holds a bachelor’s degree in instrumentation engineering, a masters in thermal power plant engineering and an MBA in Finance from SP Jain School of Global Management where he was on the dean’s list and awarded the Global Citizenship award.
Debmalya presently leads the Forum’s initiatives on Advanced Energy Solutions globally and with leading the Forum’s work on Energy in India. He is also a recognized subject matter expert in energy storage by CEA. He works with Government and Private organizations towards accelerating the deployment of emerging technologies like green hydrogen, energy storage, CCUS, advanced nuclear and sustainable aviation fuels.
Before joining World Economic Forum, Debmalya worked as a management consultant in KPMG where he was lead advisory work on energy storage and renewables, prior to which he worked with Customized Energy Solutions and Apraava Energy. Debmalya is also a selected mentor by ESMAP (World Bank) for energy storage and he mentors young women engineers interested to making a career in energy storage domain.
Lithium-ion batteries dominate the market, but other technologies are emerging, including sodium-ion, flow batteries and liquid CO2 storage.
India is becoming a global leader in advanced energy solutions, setting ambitious goals for clean hydrogen, energy storage and carbon capture.
Las soluciones energéticas avanzadas son cruciales para reducir las emisiones de carbono y alcanzar el cero neto. Pero se necesita más inversión para expandirlas más rápidamente.
Advanced energy solutions are critical to reducing carbon emissions and achieving net-zero. But more investment is needed to scale up solutions rapidly.
A massive ramping up of technology deployments is immediately required to meet the world's energy transition goals. These five things could help get that done.