Energy storage systems in Ukraine can receive $300 million in revenues a year

, Volodymyr Kudrytskyi, chairman of Ukrenergo, predicted at a recent press conference, reports ExPro Consulting. Solar and wind power plant have production peaks and lows, necessitating storage systems to ‘balance’ electricity flows. DTEK is preparing to commission Ukraine’s first industrial power storage system, a 1 MW unit next to the Zaporizhia thermal power plant. Built by Sungrid, a Canadian company, the unit uses a lithium-ion energy storage system supplied by Honeywell.