Video Meeting Rising Electricity Demand
Learn how the power grid is one of the most important tools in decarbonizing our energy sources.
Deploying stationary storage solutions to fit your needs
As energy demand increases, secure access to energy when you need it is an imperative. Reliable energy storage systems to store and distribute the energy are critical to building a balanced energy future we can count on.
SLB explores new and better ways to drive energy storage. Though advanced development and deployment of tech and strategic partnerships we help power our future sustainably, reliably, and at scale. A solution to secure your access to energy where you need, when you need it.
Stationary energy storage is an essential component of the energy transition.
Renewable energy sources, such as solar and wind, generate electricity intermittently depending on the availability of sunlight and wind. By 2050, wind and solar are expected to represent more than 75% of grid connected power generation.* Energy storage systems can store energy during times of oversupply and use it when demand peaks or in periods with little or no renewable energy generation, ensuring a reliable and continuous supply of electricity.
* BloombergNEF (2023)
By smoothing out fluctuations in electricity supply and demand, improving grid resilience and reducing the need for expensive power provided by peaker plants, stationary energy storage can help stabilize the power grid. Energy storage can reduce the need for expensive upgrades to the electricity grid infrastructure by enabling the integration of distributed renewable energy sources at the point of consumption.
Energy storage can help reduce greenhouse gas emissions by enabling a higher penetration of renewable energy sources in the electricity mix. By storing excess renewable energy, these systems can help replace fossil fuel-based electricity generation, reducing carbon emissions and mitigating climate change.
The accelerating pace of decarbonization and electrification demands ever-increasing power capacity, reliability, and security. But is the industry ready to scale up sustainably?
This strategic investment provides Schlumberger with access to the fast-growing stationary energy storage solutions market through differentiated technology.
Olivier shares highlights that demonstrate the value SLB has created over the past 2 years through strategic execution, including a discussion on SLB New Energy.
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