Robeco, The Investments Engineers

15-09-2023 · Product video

Fog and the future: Navigating the challenges of renewable energy!

Fog is an enemy of renewable energies as it means little to no sunshine and wind. This highlights a new challenge — renewable energies are a less constant source of power compared to fossil fuels. Therefore, energy storage has to increase dramatically, be it in the form of batteries, hydrogen or other technologies. Energy storage solutions have come a long way thanks to improved technology and therefore offer more attractive economics. But the best is yet to come. Many current projects for ‘utility scale batteries/energy storage’ are only viable for short-term storage, usually up to four hours. The costs increase exponentially after four hours as battery technology is not yet efficient enough for time horizons beyond that. Longer-term energy storage solutions that use hydrogen, such as hydro-pumped storage power plants, are much more promising.

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This information is for informational purposes only and should not be construed as an offer to sell or an invitation to buy any securities or products, nor as investment advice or recommendation. The contents of this document have not been reviewed by the Monetary Authority of Singapore (“MAS”). Robeco Singapore Private Limited holds a capital markets services license for fund management issued by the MAS and is subject to certain clientele restrictions under such license. An investment will involve a high degree of risk, and you should consider carefully whether an investment is suitable for you.

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