“The world’s next energy revolution is probably no more than five or ten years away,” reports The Telegraph. “Cutting-edge research into cheap and clean forms of electricity storage is moving so fast that we may never again need to build 20th Century power plants in this country…” Slashdot reader mdsolar quotes their article:
The US Energy Department is funding 75 projects developing electricity storage, mobilizing teams of scientists at Harvard, MIT, Stanford, and the elite Lawrence Livermore and Oak Ridge labs in a bid for what it calls the “Holy Grail” of energy policy. You can track what they are doing at the Advanced Research Projects Agency-Energy (ARPA-E). There are plans for hydrogen bromide, or zinc-air batteries, or storage in molten glass, or next-generation flywheels, many claiming “drastic improvements” that can slash storage costs by 80pc to 90pc and reach the magical figure of $100 per kilowatt hour in relatively short order. “Storage is a huge deal,” says Ernest Moniz, the U,S. Energy Secretary and himself a nuclear physicist. He is now confident that the U.S. grid and power system will be completely “decarbonized” by the middle of the century.
One energy consultant predicts the energy storage market will be worth $90 billion in 2025 — 100 times larger than it is today.
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