Wind energy is a powerhouse of the renewable transition, but like solar, it faces the inherent challenge of intermittency. Wind doesn't blow consistently, making it difficult for utilities to rely solely on turbines for predictable power. While discussions often focus on generation capacity, a crucial, often background, element is now stepping into the spotlight: large-scale energy storage.
As technology matures and costs fall, energy storage is becoming the essential component that balances supply, supports grid resilience, and enables the consistent delivery of clean wind power, transforming it from a variable source into a reliable, round-the-clock resource.
The DNV Energy Transition Outlook (ETO) 2024 confirms that battery storage, alongside PV, is growing faster than anticipated. Battery costs continue their rapid decline – dropping 14% in 2024 alone – making integrated wind-plus-storage solutions increasingly accessible and economically compelling.
Why is storage indispensable for a wind-powered future?
"The future grid runs on energy storage and hybrid systems," states Juan Carlos Arévalo, CEO of GreenPowerMonitor, a DNV company. "With falling battery prices, now is the time to capitalize on this tipping point. By advancing storage systems and reducing reliance on fossil fuels during peak periods, we contribute to meaningful carbon reductions."
BESS facilities are vital for balancing the grid. They capture surplus energy – whether from wind farms during gusty periods or solar farms at midday – storing it in large-scale rechargeable batteries. This energy is then dispatched when generation lulls or demand spikes.
Key aspects of BESS technology include:
While BESS leads today, the DNV ETO 2024 predicts that long-duration storage technologies (flow batteries, compressed air, gravity systems) will start scaling significantly in the 2030s, offering solutions for multi-day or seasonal energy shifting.
Replacing fossil fuel backups entirely is ambitious but achievable through a combination of factors:
Policies worldwide are recognizing the need for storage and actively incentivizing its deployment:
Despite challenges like upfront costs and evolving regulations, the momentum is undeniable, creating significant opportunities for innovation.
Companies like GreenPowerMonitor (GPM), part of DNV, are leveraging deep expertise (110 GW under management, backed by over 5,000 DNV energy specialists) to deliver sophisticated storage and hybrid management solutions.
Their key offerings include:
"As part of DNV, we bring deep expertise in renewable energy management and the flexibility to adapt to evolving industry needs," adds Arévalo. "We are committed to collaboration, especially in BESS and hybrid projects, to help drive the sustainable growth of the energy sector."