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This project, selected through an international tender with six proposals, will be the largest energy storage system in Central America once operational by the end of 2025. This $48 million initiative isn't just about keeping the lights on—it's a masterclass in how island nations can leapfrog traditional energy models. Let's unpack why. . The Palikir Energy Storage Project settled this month, marking a turning point for island nations battling energy instability. The electrical energy systems sector is a corner-stone. . Peak shaving refers to the strategy of reducing electricity consumption during periods of high demand—also known as "peak hours. In cases where peak load coincide with electricity price peaks, peak shavi g can also provide a reduction of energy cost.
