Lebanon port energy storage project

Will reforming Lebanon's port sector help build back a better port of Beirut?

BEIRUT, January 5, 2021 — Reforming Lebanon’s port sector is a prerequisite for building back a better Port of Beirut and revitalizing the Lebanese economy, according to a new World Bank note that aims to provide guidance to policymakers on the crucial additional requirements for the rebuilding of the Port of Beirut (PoB).

What is the Lebanese port framework?

This framework will pave the way to rebuild a modern, transparent and efficient port and to restore trust of the Lebanese society and port users into its capacity to strengthen the economic fabric and provide support in overcoming the country’s economic crisis.

How can ports reduce energy costs?

ESSOP has explored two ways in which ports can minimize their energy costs by using energy storage: • Optimising how to use PV solar generation to offset grid electricity. The wholesale price of energy varies every half-hour, and on a time-of-day tariff this variation is passed onto users.

Which energy storage solutions will be the leading energy storage solution in MENA?

Electrochemical storage (batteries) will be the leading energy storage solution in MENA in the short to medium terms, led by sodium-sulfur (NaS) and lithium-ion (Li-Ion) batteries.

Can in-port batteries reduce energy costs?

The ability to use energy storage as a means of minimizing the port’s cost of procured energy is a key advantage of in-port batteries. ESSOP has explored two ways in which ports can minimize their energy costs by using energy storage: • Optimising how to use PV solar generation to offset grid electricity.

Why is energy storage a critical port function?

Ensuring availability of these electrical resources to meet loads which are intermittent and uncertain is becoming a critical port function. It requires investment in multi-vector energy supply chains, energy storage in ports and their associated energy management systems.