The race to a sustainable future and the urgent need to mitigate climate change hinge on breaking free from fossil fuel dependency. According to the International Energy Agency (IEA), global renewable energy capacity must triple by 2030—reaching 11,000 GW—to meet Net Zero targets. However, this transformation can only succeed with the integration of robust energy storage systems into the grid. Energy storage plays a pivotal role in balancing the grid by smoothing out the variability of renewable sources like wind and solar, ensuring their full potential is harnessed while maintaining stability.

Moreover, energy storage and grid flexibility offer a smarter, more efficient path to building a resilient energy infrastructure. This session will delve into the critical role of energy storage and flexibility in enabling tomorrow’s energy system, and address the barriers that must be overcome to realize this vision.

Panelists:

• Axel Holmberg, CEO, Ingrid Capacity
• Steve Smith, Chief Strategy and Regulation Officer, National Grid
• Cecilia Tam, Head of Energy Investment Unit, IEA

Moderator: Anna Liberg, Head of Energy, Business Sweden

Watch the session live from the Swedish Pavilion