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Asian Development Bank underline innovation in battery energy storage
  2018.06.08



Technology and innovation can play a significant role in Asia and the Pacific's push towards a low-carbon energy future, with the potential to provide countries in the region with universal access to cleaner and more affordable energy sources, according to participants of an international forum held at the Asian Development Bank (ADB) headquarters.

The Asia Clean Energy Forum (ACEF) 2018, co-hosted by ADB, the United States Agency for International Development (USAID), the Korea Energy Agency, and the ADB Institute, is being held from Monday under the theme "Harnessing Innovation to Power the Future."

The forum brings together over 1,000 participants from more than 50 countries, including entrepreneurs, policymakers, financial institutions, NGOs, and academia.

ACEF began in 2006 as an annual event to provide a platform for collaboration in promoting clean energy in Asia and the Pacific.

Topics being discussed during the week-long event include future energy innovations such as energy in buildings, renewable energy in urban settings, decentralized power grids, health and environmental benefits of energy efficiency, clean cooking, new business models, and digital transformation and innovations.

"New technologies such as smart grids, large-scale battery energy storage, renewable energy-based microgrids with storage, waste-to-energy, carbon capture and storage, and artificial intelligence have huge potentials to accelerate the clean energy transformation," ADB President Takehiko Nakao said.
 
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