Enel

Multinational utility Enel will, through its subsidiaries Enel X and RusEnergoSbyt, develop energy storage systems for installation across Russia’s railway network.

The two subsidiaries signed a partnership agreement with the Joint Stock Company of Russian Railways to conduct research and development of innovative energy storage systems.

The agreement was signed during the St Petersburg International Economic Forum.

The parties claim the batteries will allow faster and more efficient train service. Installation will enable RusEnergoSbyt to stabilise the Russian railway electricity network and avoid expensive grid upgrades that might otherwise be required to meet growing energy demand.

This will be the first time an energy storage system will be used in the railway sector in Russia.

Francesco Starace, CEO at Enel, said: “This project is an excellent example of how we leverage on our global presence to bring new and innovative technologies to our most important markets around the world. Today’s announcement is an exciting step forward for Enel in Russia, and allows us to further diversify our storage portfolio, which delivers solutions tailored to the specific requirements of customers and their market.

“It is a pleasure to announce this cooperation with an important company like Russian Railways, with whom we have enjoyed a valuable and collaborative relationship over many years.”

To date, Enel operates in over 30 countries worldwide, producing energy with around 88GW of managed capacity. The utility distributes electricity and gas through a network of over two million kilometres, and with over 65 million business and household customers globally.