Energy storage

South Korea to invest $35 billions in energy

” The South Korean government has announced that it intends to invest $35.4 billion in the renewable energy sector over the next five years as it aims at reducing its dependence on fossil fuels and build a green economy for the future.” “The South Korean government announced the ‘Green Korea’ plan in September 2008 which […]

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The critical issue of back up power

20 percent of America’s – and perhaps the world’s – electricity could soon come from wind and solar. Our societies thus need reliable, cheap and sustainable energy storage solutions. Concentrated solar could benefit from molten salts, yet wind energy doesn’t have yet its own solution. German and Swiss utilities are working on Compressed Air Energy Storage

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