Why energy storage is the focus for the next decade

Climate technology innovation panel, UBS APAC Sustainable Finance Conference 2022

George Manahilov, co-head of Energy Storage says energy storage is now flagged as a critical grid infrastructure. This is recognised by both the investment community and stakeholders in the electrical grid value chain.

                The investment numbers are staggering.  You can quantify them as hundreds of billions of dollars
                

Why consider energy storage today?

3 Reasons

#1 Cost
#2 Regulatory support
#3 Extreme weather

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UBS APAC Sustainable Finance Conference 2022

Today’s challenge. Tomorrow’s solutions.

Riding on the success of our inaugural APAC Sustainable Finance Conference last year, this year we are proud to feature trailblazers and gamechangers in global decarbonization efforts, focusing on action, impact delivery and innovative systems thinking to solve sustainability bottlenecks.

As a founding member of the Glasgow Financial Alliance for Net Zero, UBS continues to lead and collaborate with the best in the industry to push boundaries and fulfill our purpose of “Reimagining the power of investing. Connecting people for a better world.”

It is our role at UBS to support our clients’ rising need to adapt to, and capture transition risks and opportunities. In 2021, we delivered a 78% growth in global sustainability focused and impact investing assets, and facilitated 103 green and sustainability bond transactions, as examples of this work.