Battery Storage Unlocked: Lessons Learned From Emerging Economies

The Clean Energy Ministerial (CEM) is a global forum that promotes policies and programs that advance clean energy technology. The CEM's mission is to bring together a community of global leaders to scale clean energy, amplifying the impact to all the sectors of the economy and applying a whole-of-society approach to meet collective climate and clean energy goals. At COP28 in Dubai, United Arab Emirates, the CEM announced the Supercharging Battery Storage Initiative as a vehicle to accelerate battery storage deployment around the world. The initiative supports countries around the world in co-creating strategies that enhance policy, regulation, supply chain, manufacturing, and financing solutions for battery energy storage deployment. Additionally, the initiative seeks to reduce the cost of the technology and promote diversified, sustainable, and secure supply chains (CEM n.d.). Through international collaboration, the initiative supports the integration of renewable energy globally, while securing the stability and reliability of the electricity grid.