What's Trending in Energy Storage Today?

What's Trending in Energy Storage Today?

By Energy CIO Insights | Thursday, August 06, 2020

There are numerous energy storage technology solutions thriving in the market today. And more such innovations are coming in.

FREMONT, CA: The energy industry across the world is looking to leverage phenomenal technology solutions for the purpose of storing huge quantities on energy resources and the produced energy as well. While the legacy methods and infrastructure to store energy are still well and sound in the market, technologists are crafting better and more advanced technology solutions that are all set to call for the next breakthrough.

Top 10 Energy Storage Solution Companies - 2020In the realm of renewable energy, energy storage technology is looked upon as a holy grail. With the help of the novel ideas that engineers working towards producing the highest class of energy storage methods provide the industrialists, the world can have the ultimate sources of energy such as the wind and the sun generate electricity all round the clock. The emerging storage technologies in the energy industry make way for the cost involved in the creation of electricity reach the level of grid parity, then there is no doubt that the solar energy can take over the energy generators based on fossil fuels.

Hydrogen technology is one of the most popular energy storage solutions available in the market. This technology is rendered to be of high potential due t the development of electrolyzers, which are of high temperature. This makes hydrogen technology to raise its efficiency greater than ninety percent and thereby encourage greener production and reduced carbon footprint. Kinetic technology is also gaining the attention of the energy industrialists lately. This technology features the longest durability with very less or zero degradation.

Flow batteries promise greater sizes of energy storage infrastructure. As the name suggests, flow batteries work on electrolytes and the tanks to hold it. The bigger size of the tank implies the greater amount of energy it can store. There are more innovations that would hit the screens of the energy industry and thereby, enabling the industry to access greater levels of efficiency.

See Also: Top Energy Tech Consulting/Services Companies

Weekly Brief

Read Also