Energy Storage Charges Forward
Use it or lose it. Few products in the world have a shorter shelf life than electricity. That’s why pretty much everyone involved in the power sector — from utilities to buyers to start-ups to state regulators — is putting more energy than ever behind ways to extend it. That’s fuelling a boom in projects and investments centred on advanced battery chemistries and alternative energy storage approaches, such as hydrogen fuel cells and thermal options that use hot water or ice to conserve power. The Holy Grail over time is to create a network of resources that can be used in concert with solar and wind farms.