Alsym Energy
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Energy Storage
Advanced Energy Storage: Linchpin for a Renewable Energy Future
In an era defined by environmental consciousness and a pressing need to reduce our carbon emissions, renewable energy has emerged as the shining beacon of hope for a sustainable future. As we stand at the crossroads of rapid climate change and continued fossil fuel extraction, the transition to renewable energy sources is no longer a […]
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Commentary
Don’t Neglect Round-Trip Efficiency and Cost of Charging When Considering Levelized Cost of Storage
The world is moving toward renewable sources for electricity generation in an attempt to reduce fossil-fuel reliance. But wind and solar can’t provide a consistent flow of power 24/7, and grid operators have realized that new electricity generation needs to be paired with storage to manage periods with no sun or wind. The decreasing cost […]
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Energy Storage
New Technologies, New Sites Supporting Growth of Energy Storage
Advancements in energy storage, including new battery types and longer-duration batteries, are driving innovation in the sector. Retired power generation plants are being repurposed as storage sites, and the