Shaping the future energy system: navigating investments in long-duration energy storage (LDES)
ERM office, Exchequer Court, 33 St Mary Axe, EC3A 8AA London, UK
About this Event
The world is racing to triple renewable energy capacity by 2030. However, without long-duration energy storage (LDES), clean power cannot be reliably available around the clock. This closed-door roundtable will explore the idea that long-duration energy storage is essential to achieving the 3x renewables target, especially now that significant renewable capacity is already in place. These solutions play a strategic role in enabling energy security and system resilience in a renewable-powered world by strengthening grid stability, supporting flexibility, and accelerating the shift away from fossil fuels.
During this roundtable, businesses and investors will dive into the investment case for scaling long-duration energy storage solutions, exploring innovative business models like co-location with renewables, enabling policy incentives, and lessons learned from real-world deployments. This will be a key moment to identify how we can collectively accelerate action on LDES and unlock the $4 trillion investment opportunity these technologies represent.
WBCSD and ERM will co-publish a brief on the investment case for LDES on the same day, available on WBCSD website (www.wbcsd.org)
WBCSD, ERM
About WBCSD: The World Business Council for Sustainable Development (WBCSD) is a global community of over 225 of the world’s leading businesses driving systems transformation for a better world in which 9+ billion people can live well, within planetary boundaries, by mid-century. Together, we transform the systems we work in to limit the impact of the climate crisis, restore nature, and tackle inequality. We accelerate value chain transformation across key sectors and reshape the financial system to reward sustainable leadership and action through a lower cost of capital. By exchanging best practices, improving performance, accessing education, forming partnerships, and shaping the policy agenda, we drive progress in businesses and sharpen the accountability of their performance. Follow us on LinkedIn. www.wbcsd.org
About ERM: Sustainability is our business. As the world’s largest specialist sustainability consultancy, ERM partners with clients to operationalize sustainability at pace and scale, utilizing a unique blend of strategic transformation and technical delivery capabilities. This approach enables clients to accelerate the integration of sustainability at every level of their business. With over 50 years of experience, ERM’s diverse team of more than 8,000 experts across 40 countries and territories assists clients in creating innovative solutions to their sustainability challenges, unlocking commercial opportunities that address the needs of today while preserving options for future generations.
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