As the development of new technologies and the introduction of new systems and policies aimed at achieving a carbon-neutral society is progressing around the world, Japan has also introduced policies to encourage innovation of private businesses in hydrogen and other technologies with the potential of decarbonizing society.
As the penetration of renewable energy increases, maintaining grid reliability becomes ever more challenging and costly. This Baker McKenzie report highlights key opportunities and challenges for the energy storage sector both from a global perspective and from the perspective of several key jurisdictions, and the significance of its role in enabling the energy transition.
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