Energy Storage Prevents Waste, But Investment and Policy Challenges Remain
As countries move to ramp up their transition to renewable energy from sources like solar and wind, it has become increasingly clear that energy storage systems are critical to the success and economic viability of this shift. Energy storage systems are vital to the shift to renewable energy because they address the intermittency challenge. Renewable sources of energy, like solar and wind, don’t work round the clock. At night, the sun doesn’t shine and yet that is often when energy demand peaks. Similarly, not all days or hours of the day are sufficiently windy to generate energy, and that means…