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Slovenia Thermal Energy Storage (TES) Industry Analysis
The Grid-scale/Utility Scale Thermal Energy Storage System (TESS) industry in Slovenia is currently experiencing a surge in construction of new projects. This is due to the increasing demand for renewable energy sources and the need for energy storage solutions to balance the intermittent nature of renewable energy.
One of the major drivers of this growth is the government's commitment to achieving a 27% share of renewable energy in the country's final energy consumption by 23. This has led to the implementation of various policies and incentives to encourage the development of renewable energy projects, including TESS.
Another driver is the decreasing cost of TESS technology, which has made it more economically viable for utilities and grid operators to invest in these systems. TESS systems are becoming increasingly competitive with other energy storage technologies, such as lithium-ion batteries, due to their longer lifespan and lower maintenance costs.
The industry outlook for TESS in Slovenia is positive, with several new projects in the pipeline. One of the most significant projects is the construction of a 2 MW TESS system in the city of Maribor, which will be used to store excess energy generated by a nearby hydroelectric power plant. This project is expected to be completed by 222 and will provide a reliable and cost-effective energy storage solution for the region.
Overall, the Grid-scale/Utility Scale Thermal Energy Storage System industry in Slovenia is poised for significant growth in the coming years, driven by government policies, decreasing costs, and increasing demand for renewable energy sources. As more projects are completed, TESS systems will play an increasingly important role in balancing the grid and ensuring a reliable and sustainable energy supply for the country.
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