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Malta has the potential to be the first of a

Jan. 7, 2017 by Devin Jones

Malta has the potential to be the first of a long line of energy storage devices designed to be used in homes and offices that deliver power using electricity, according to its chief executive, Tim Bickley. "It's an important part of an emerging, fast-growing industry that will be key to our growing customer base, and will be a catalyst for developing new technologies to solve energy storage needs," Bickley said.

A mobile grid, mobile charging stations, and more

Malta's technology is a step towards a distributed, sustainable energy system that would enable large numbers of people to get to work and have access to clean, abundant energy. The project will be a long way away, however, and its launch comes as a blow to those efforts, according to Bickley. "We are not in a position now to compete with renewable energy, and it will be harder to achieve that in the future," Bickley said. "There will be opportunities for growth. The power needs are there, but there's no easy path."

The project will also help to increase efficiency by using water as the primary source of power, and will be able to meet the needs of cities and towns, he added.

The power needs are there, but there's no easy path

Malta's power needs are there, but there's no easy path

A major factor in Malta's success is its low cost, said Bickley, who is also director of the company's Mobile Energy Solutions and Storage division. He said that while "malta is not yet on the radar of the electric market," it will be soon and that the company is looking to build in new technology in order to meet the energy needs of all of its customers. The company is currently working on building an energy storage system in the Netherlands, and Bickley estimates that it will be ready in early 2018.

In addition to its power needs, Malta is also a key country for renewables, with more than 40% of electricity generated in the country by renewables sources being distributed through large-scale energy storage facilities. In the UK, in fact, the UK is the leading country for renewables generation, according to the Renewable Energy Laboratory of the Royal Society, and with this, it means that Malta's power needs are quite high.

Malta's grid is more than 3,100 kilometers long and contains a capacity of up to 1,200 megawatts, and is projected to have a capacity of up to 7,500