Tag: utilityscale
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War Burned $88.7bn in 17 Days. It Could Have Bought Energy Security
The economic implications of modern warfare, particularly regarding fossil fuels, profoundly affect global pricing and security. The ongoing US, Israel, and Iran conflict exemplifies this, costing approximately $88.7 billion in 17 days. Investing in renewable energy alternatives can substantially reduce dependency on volatile fossil markets, offering a more sustainable and resilient future.
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Why Long Duration Energy Storage Has Finally Reached Scale
The energy transition now faces a pivotal challenge as renewable energy generation outpaces demand, leading to wasted power during peak production times. Long duration energy storage (LDES) is essential for bridging supply and demand gaps, enabling effective utilisation of renewables. This infrastructure is crucial for achieving net-zero emissions and enhancing energy security and affordability.