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Since you are 100% certain that such technology will emerge in an economical viable state to solve the storage problem for Europe, could you please provide a da
by belorn 4y ago
Since you are 100% certain that such technology will emerge in an economical viable state to solve the storage problem for Europe, could you please provide a date so we can draft a EU law that forbids burning of fossil fuel in the European market by that date.
If you can do it by this winter it would solve inflation, enable a complete sanction packet against Russian oil and gas, solve several political conflicts within EU in regard to the Ukraine war, eliminate the food shortage problem and significant reduce the cost of farming, make a large dent in reducing global warming, improve GDP, and boost prosperity in general.
- nine_k 4y agoAlternative chemisitries are many, and are actively developed; here's a 2021 overview: https://www.mining.com/non-lithium-battery-chemistries-to-grow-in-importance-for-stationary-energy-storage-sector-report/ https://www.mining.com/non-lithium-battery-chemistries-to-gr... What I can't predict is when some of them will become competitive enough to matter, and thus used in some large infrastructure projects.
- adrianN 4y agoIf we had completely free, 100% efficient grid scale storage of unlimited capacity today we couldn't stop burning fossil fuels because we don't have enough renewable generation capacity installed to fill any form of storage.
- belorn 4y agoIf the storage solution is close to free then the capacity doesn't matter since any new investment would be guarantied profit. Wind, when the weather is optimal, is several time cheaper than fossil fuels. Everyone would rush to just install new renewable capacity. Just this week in Europe, during the summer vacations and when energy usage is at the lowest point during the year, the energy market price still jumps by 3000% when the wind go from high to low.