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Is Tesla Becoming A Threat To The World s Largest Utilities?
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Tesla Victorian Big Battery Fire Has Been Extinguished Only Now
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Tesla Energy takes a stand against coal and gas generators in Australia
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by Tyler Durden
Sunday, May 09, 2021 - 05:50 PM
Solar, wind, batteries, nuclear, tidal power, among others, provide carbon-free electricity. But their generation is usually immediately absorbed into the power grid for use or stored in lithium-ion batteries. Large-scale energy hoarding is expensive, and quite frankly, with base metal prices skyrocketing, maybe unattainable unless the Biden administration allocates billions of dollars to upgrade the grid.
Toronto-based Hydrostor has found a solution to storing power on the grid that doesn t involve batteries but instead stores energy in the form of compressed air in underground chambers.
California is becoming the new site for two new compressed-air energy storage plants that will soon rival the world s largest non-hydroelectric facilities and hold up to 10 gigawatt-hours of energy, said Popular Mechanics.