to cut carbon emissions, store energy - battery energy storage system
Ontario Prime minister Catherine Wayne announced this week that the province will join a cap with Quebec --and-
The trading system to tackle climate change is a small step forward in a long journey.
It should be considered correct, neither should it be considered too little nor should it be considered the next great thing. It’s a start.
While sometimes it seems to move at the speed of a snail, it means that Canada is actually taking action.
At the same time, many activities to combat climate change focus on policy tools such as cap-and-
Cost of trade or carbon emissions (
Some people think about taxes).
After all, policy is what politicians do.
But while better policies have helped, climate change has grown too much and cannot be solved by policy alone.
The real key is technological breakthroughs: the ability to store clean energy such as wind energy and solar energy.
Storage has the potential to change the way we produce and use energy, just as mobile phones change the way we use telecom.
Find a way to store the electricity generated when the wind blows and the sun shines, so that it can be used during a calm day and a dry night, which brings the possibility of the dreams of the environmental activists --a post-
The future of fossil fuels
Clean energy storage exists, but it needs to improve efficiency and reduce costs.
Storage is actually another term for batteries
Any energy storage system from the reservoir above the dam to lithium
An ion battery in a smartphone is a battery.
Clean energy storage is improving.
In a recent report called bridging the divide, Deutsche Bank predicts that combining solar energy with better storage is "the next killer application that could significantly accelerate solar penetration.
"Earlier this month, key market participants involved in energy storage, in collaboration with the National Research Council, arranged for the largest energy storage conference to date in the Mars exploration area of Canada.
The theme of the meeting is weird but important.
Raw materials and parts;
Control, equipment and system integrators;
Storage installation and operation (including end-users).
These market participants are doing what many experts and observers believe Canadians should do to push the economy forward
Identify gaps and opportunities in promising areas (
In this case, the Canadian energy storage supply chain)
Become a global competitor.
It has potential.
According to the Deutsche Bank report,
Reduce costs every year [in storage]
This could push traditional lithium-ion batteries of commercial/utility size to the potential of mass adoption by 2020.
"The Bank believes that the incremental cost of storage will be significantly reduced over the next five years, which makes solar energy more competitive compared to more traditional and dirty energy.
Battery costs have been falling to a large extent due to electric vehicles
The more batteries on the road, the more batteries will be produced in batches.
Luxury carmaker Tesla is a key market influencer here.
Its "gigawa" plant will be fully operational in 2020 and will produce 500,000 battery packs per year.
Tesla also plans to launch a battery for families and businesses in the residential storage market. (
It released a mysterious teaser announcement earlier this month. )
Combining this with the decline in solar costs and the development of smart grids, it looks like there is finally an old alternative
The old-fashioned carbon hiccup.
The economics of grid defections at the Rocky Mountain Institute reported the topic.
According to Navigant Research, global energy storage technology revenue (ESET)
It is expected to grow from $0. 605 billion in 2015 to more than $21 billion a year by 2024.
"These technologies are under strict scrutiny because suppliers are under pressure to provide more consistent prices," said Anissa Dehemna of Navigant . ".
They form a key component of the "energy storage value chain.
This component will definitely increase.
Ontario should do everything in the energy storage game.
Jon Dogterom is a risk practice leader in cleaning technology in the Mars exploration area of Toronto.