Yes, LiBs work well for short periods while gas power stations are being fired up but for 100% renewables you need longer term storage. There has already been much research on this matter and the consensus is the bulk of the storage will be either pumped hydro or hydrogen. But once you factor in the transmission costs from remote locations and storage costs, you are better of using modular nuclear power plants.
Yes, LiBs work well for short periods while gas power stations...
Add PEN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.8¢ |
Change
0.003(2.17%) |
Mkt cap ! $238.4M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.0¢ | $1.479M | 13.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 127112 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 24243 | 1 |
View Market Depth
| Last trade - 15.58pm 07/05/2024 (20 minute delay) ? |
|
|||||
|
Last
12.0¢ |
Change
0.003 ( 6.67 %) |
||||
| Open | High | Low | Volume | ||
| 11.3¢ | 12.0¢ | 11.0¢ | 6865378 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| PEN (ASX) Chart |