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The long term storage challenge – batteries not included
There is a lot of focus on the ability of battery storage to shift peaks and store energy for hours, or even days. But energy systems with high renewables penetration will need longer term solutions – hydrogen, compressed air, pumped hydro are three technologies being looked at in Australia and elsewhere.14 -
Electricity utilities could lose half their market to solar and storage
In little more than a decade, Citi says electricity utilities in developed countries could lose half their market to solar, storage, and other local generation, and energy efficiency. Even conventional centralised generation may account for as little as 20 per cent of demand as renewables and smart technology take over.
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