MIT turns to millennia-old tech for renewable energy storage
With renewable energy sources becoming more and more advanced, storing that energy means big business . While we've seen technological breakthroughs enabling everything from DIY powerpacks to batteries integrated into windmills , one team from the Massachusetts Institute of Technology is looking to old-school innovations for next-generation energy storage techniques.
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#1 Sep 13, 2017
"Such a device would be immensely useful today, according to the MIT team, citing a high demand for industrial heat. The teamís Firebrick Resistance-heated Energy Storage (FIRES) system stores thermal energy (heat) in firebricks and later converts the energy back into electricity. Oh, and storing this energy costs 1/40th the price of putting it into batteries."
The cost of solar heat generation is more than solar PV farms, but when it comes down to getting rid of fueled electricity generation one now needs storage to make the alternative source of energy generation "act" like the fueled generation sources. Energy storage along the grid can then use the stored power to replace the fueled base-load and spinning load generation plants. Overall reduced costs with plants that don't have a commodity fuel to purchase and a storage medium that is for all intents and purposes, "dirt cheap".
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