Energy Storage in Energy Transition: The Importance of Energy Storage Systems in Decarbonization Roadmap

Synopsis: Storing energy for future use when and where it is most needed, is critical for energy security and increased renewable energy production. Most renewable generation technologies are both intermittent and seasonal, which means that energy storage is essential to store and supply reliable energy when it is needed. Thus, energy storage is essential to enable an energy transition, and it is important that the world starts to deploy energy storage at scale to enable the net zero transition. Given the immense value of storage in helping integrate ever-increasing shares of renewables, it is no surprise that storage deployments are quickly increasing. In a net-zero world, the IEA forecast that energy storage will account for 70% of all renewable energy expenditure, eclipsing the investments in wind, solar and hydrogen. It is important that policymakers, industry, and other stakeholders work together to create an enabling regulatory framework that will allow the energy storage sector to thrive. This break-out session aims to discuss the various energy storage systems, the benefits, opportunities and potential challenges as we accelerate to a net-zero world.

MEET THE SPEAKER

Franklin Omusi

The Managing Director/CEO, Genesis Ecopower Systems Limited.
franklin Omusi

He is a COREN certified Engineer. He is also a member of several professional associations such as The Nigerian Society of Engineers (NSE), The Nigerian Society of Chemical Engineers (NSChE), the International Solar Energy Society (ISES), CREN etc. He is an ISO 9001-trained Lead Auditor. He is a NEMSA (NIGERIAN ELECTRICITY MANAGEMENT SERVICES AGENCY) Certified Renewable Energy Consultant. The Nigerian Society of Engineers awarded him a Certificate of Excellence in recognition of his Outstanding Performance in Engineering Service Delivery in 2022. The Renewable Energy and Energy Efficiency Associations-Alliance (REEEA-A) was admitted into the Ambassadorship of REEEA-A in 2022. He trained in the United Kingdom and Germany as a Certified Solar Energy Systems Designer and Installer. He also trained in Germany as Certified Renewable Energy Designer and Installer. He was trained by the National Power Training Institute of Nigeria as a Mini Grid System Designer and Installer. He has attended several other courses in renewable energy systems Design and Deployment in South Korea. India, Ghana etc. He has over 20 years of experience in Renewable Energy Systems design, installation, training and project management especially Solar Systems. He has over 12 years of experience in the Design, Manufacture and Maintenance of Batteries which is an important component of any renewable energy systems deployment. He served many years as a member of the SON (Standards Organization of Nigeria) technical committee in the development of standards for the automobile industries which includes batteries. As Head of the R&D department of a Battery manufacturing firm, He designed and supervised the construction of the FIRST and only 100,000 units per annum of SMF (Sealed Maintenance Free) Automobile Battery Plant in Nigeria. He designed and built Batteries For the NIGERIAN NAVY to put back into service a NAVAL WARSHIP that was down for several months due to the unavailability of battery components. He designed and built Specialized Batteries for the Nigerian Airforce Plane MI17. He designed and built batteries for The Nigerian Search And Rescue Plane MI35 He was part of a local Team of Engineers that designed and Fabricated Equipment for the assembly of a local Plant for the manufacture of propellants for the Defense Industries Corporation of Nigeria (DICON) in Kaduna Nigeria. He also worked with a Team of Engineers to Develop and Produce a UNIVERSAL WOOD WORKING MACHINE using Reverse Engineering under the supervision of the National Agency For Science And Engineering Infrastructure (NASENI). He was head of a local team that designed a 10,000 Liters per day of Modular Refinery for the then-Anambra state government in 1998 He was part of a select German-Nigerian Delegation to Study Electrical Infrastructures in Germany under German Government Sponsorship. He has designed and deployed alternative power solution systems using the renewable resource for both private and corporate organizations in Nigeria including Hospitals, Government offices etc. He designed, developed and instituted a yearly training course on Battery Management Systems for Officers and Men of The Nigerian Airforce. This program is still in operation. He is regularly engaged in training Nigerians in Renewable Energy competency under the sponsorship of both local organizations and foreign agencies including the Renewable Energy Desk of the German Consulate in Nigeria. He has been recognized by several professional bodies such as the Nigerian Society of Engineers for the Award of Excellence in Engineering Service Delivery. He is currently the Managing Director of Genesis Ecopower Systems Limited and Genesis Chemicals Limited. He is married with Children