Energy storage comprises mankind's methods of conserving, as far as possible, a certain amount of energy in any form. In this way it can be used at any time. It can be in the same form in which it was collected or in a different form.
More specifically, the energy storage, concentrates and releases energy that can be consumed during or after the storage process.
According to Bloomberg New Energy Finance, the global Energy Store market is forecast to attract $620 billion in investment by 2040. This meets the premise of the International Renewable Energy Agency.
SECTOR ON THE RISE
Energy Storage is experiencing a boom worldwide in recent years. This is evidenced by the companies that are transacting in the market. A clear example of this is the French company Engieone of the companies that most mergers and acquisitions has made in the sector. It is a player world energy, i.e. an expert operator in:
- Electricity
- Natural gas
- Energy
PURCHASES OF ENGIE IN ENERGY STORAGE
Green Charge Networks: It is an American firm that designs and installs commercial Energy Storage systems. Dedicated to energy storage and founded in 2009, it was acquired by Engie in May 2016.
In particular, the French company acquired an 80% stake in Green Charge Networks.
Electro Power Systems: Electro Power Systems is a French company operating in the sustainable energy sector. Specifically, it specialises in hybrid storage solutions and microgrids.
It was acquired by Engie in January 2018. With this acquisition of companies gained a majority stake in EPS, just over 50% of the share capital, as well as voting rights.