Superior batteries are on the way, and they could disrupt power markets within the next decade—Sooner Than You Think.
By Tom Randall, Sep 13, 2017
The idea is that grid-sized versions might be used to store excess wind and solar power, smoothing out the peaks and valleys of the electricity supply. There’s just one problem: Batteries are still way too expensive when stacked up against cheap coal and natural gas. Today, less than one-tenth of one percent of the world’s electricity spends any time in a storage battery.
The question is: How far will battery prices tumble, and will it all happen in time to help wipe fossil fuels off the grid? That’s the subject of the latest installment of Bloomberg’s animated web series, Sooner Than You Think, which examines some of the biggest transformations in human history that haven’t happened quite yet.
As we build more electric cars and electricity storage, the cost of batteries plummets. Prices have dropped by half just since 2014. If this learning curve continues, a widespread transformation of power grids could begin within this decade. Cheap solar and wind power will spread ever faster—now backed by batteries.
The timing of new technologies is difficult to predict, but it may not be long before the battery revolution becomes impossible to ignore.
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
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