Energy

Electricity storage for balancing power supplies will be the goal of a $211 million loan

Friday, June 4, 2021

that Ukraine seeks from the World Bank and the Clean Technology Fund. According to Wednesday’s decision by the Cabinet of Ministers, the money would go for buying and installing 197 lithium-ion energy storage systems near hydroelectric plants operated by Ukrhydroenergo. Ukraine’s power transmission system is ill-equipped to handle the fluctuating electricity flows from wind and solar power plants.

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