The next big thing in renewable energy isn’t producing it – it’s storing it

Energy sector interest rising in the electron bank

The next big thing in renewable energy isn’t producing it – it’s storing it


Because Germany doesn’t have the ability to store all the wind and solar power it’s suddenly generating, it sometimes has to sell it at a discount or give it away when too much is produced.
That helps explain why the latest technology rush in renewable energy is storage and load-balancing technology. The market for renewable energy storage is staggering.
According to a 2013 Navigant Research report, 1.3 million megawatts of renewable energy is expected to come online around the world over the next 10 years, which could create “an unprecedented amount of instability on the grid.”

http://www.biv.com/article/2015/1/energy-sector-interest-rising-electron-bank/