We have a Q&A with Immersa here on the Bulb Community tomorrow. Immersa provides secure, sustainable and affordable energy through the use of eco-friendly renewable energy systems and battery storage.
Following our discussion about electric vehicles, where we highlighted some potential issues, this article from CNBC looks further into the possibilities and challenges of battery storage. Some interesting takeaways:
‘Over the last decade a surge in lithium-ion battery production has led to an 85% decline in prices, making electric vehicles and energy storage commercially viable for the first time in history.’
‘Government incentives and falling solar and wind costs are …. accelerating the viability of energy storage.’
‘Batteries hold the key to transitioning to a renewable-fueled world. Solar and wind are playing a greater role in power generation, but without effective energy storage techniques, natural gas and coal are needed for times when the sun isn’t shining or the wind isn’t howling. And so large scale storage is instrumental if society is to shift away from a world dependent on fossil-fuel.’
If you have any thoughts about how batteries will fit into the future of renewable energy, we’d love to discuss below - definitely some food for thought ahead of the Immersa Q&A tomorrow.