Energy Dome reposted this
According to The Economist, Energy Dome's CO2 Battery is one of the most promising energy storage technologies. In this recent article on the rapid advancements in grid-scale energy storage, Vijay V. Vaitheeswaran explains the four primary drivers fueling energy storage expansion worldwide. Here are the reasons why energy storage is booming: ✔️ Integration of Renewable Energy: The substantial increase in solar and wind power deployment requires dependable storage solutions to manage their intermittent nature. ✔️ Cost Reduction in Battery Technologies: Overcapacity in China's battery manufacturing sector has significantly reduced the prices of lithium-ion batteries, making grid-scale storage more affordable and accessible (even though, I keep repeating, a critical-metal-dependant solution is far from being ideal). ✔️ Escalating Energy Demand from AI and Data Centers: The exponential growth of artificial intelligence and data center operations is driving a substantial increase in power consumption. ✔️ Innovations in Alternative Storage Technologies: Beyond traditional lithium-based batteries, emerging technologies such as our #CO2Battery are revolutionizing the industry. And that's precisely where we come in: Energy Dome's proprietary method of storing energy through pressurized carbon dioxide exemplifies the potential of alternative storage methods to deliver cleaner and more reliable energy. As the CEO of Energy Dome, but first and foremost, as an innovator at heart, I acknowledge the critical role these developments, as listed in the article, will play in shaping the future of our global energy infrastructure. The piece can be read here: https://lnkd.in/dGs_7HwY Many thanks to Vijay V. Vaitheeswaran for his insightful commentary and for highlighting our #CO2Battery as a promising solution in the global energy storage revolution. #EnergyStorage #RenewableEnergy #Sustainability #Innovation #CleanEnergy #EnergyDome #GridScaleStorage
Complimenti
Insightful, complimenti Claudi.
Bravissimo Claudio
Managing Director at Coepro, Lda
1wGood to know!