3 ms·
I would bet money that storage is a solved problem by the end of the decade, about the same amount of time it takes to build a nuclear reactor.
by Turskarama 4y ago
I would bet money that storage is a solved problem by the end of the decade, about the same amount of time it takes to build a nuclear reactor.
- liketochill 4y agoWhat stocks are you buying and how much of your retirement fund are you betting?
- Turskarama 4y agoMost of the companies I'd like to buy aren't public yet. As for retirement, I'd probably put 20% into energy storage, again if I could. It's a false dichotomy anyway, because I wouldn't put _any_ money into nuclear stocks.
- deleted 4y ago[deleted]
- mbgerring 4y agoLiCycle and GMET, and also exercising my own company’s stock options. As soon as Form Energy goes public I’ll put a significant amount of money into them as well.
- Cthulhu_ 4y agoStorage IS a solved problem, it's just not scaled up yet (batteries) or depends on geography (water / hydro).
- wongarsu 4y agoBattery storage is still mostly LiIon, simply because it has a lot of preexisting investment in R&D and large-scale production. I expect battery storage to become much more economical once a technology developed for the requirements of grid-scale storage takes off. There are plenty of good candidates, but none of them seem to be quite there yet. I also expect a lot more hydro to be built eventually, it's not as dependent on geography if you just build two ponds at different elevations for pumped hydro, or repurpose old mineshafts to get the elevation difference on flat ground.