The cost of renewable energy generation has significantly decreased in the last few years. This is one of the reasons why the U.S. Department of Energy believes renewable energy will be the quickest-growing energy source through 2050 in the country. However, while energy storage is essential, the cost of energy storage is still relatively expensive.
A recent report released by researchers at the National Renewable Energy Laboratory estimates that the possibility of increasing energy storage capacity in the U.S. by roughly 3,000% exists. Below are some of the technologies that can boost this shift to renewable energy…
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