Energy storage is easy and cheap. Grid-grade electricity storage is complex and expensive. Definitions of energy storage vary. Some consider hot water, chilled water, or ice to be stored energy. It’s really storing the benefits of energy consumption. For phenomenal refreshers and mental strolls down memory lane, see Storing Energy v Storing Benefits and Something Old, Something Old. Why is grid-scale electricity storage so expensive? To answer this question, let’s consider the forms of storage and the hurdles that must be overcome to make it cost effective. Electricity Storage Challenge #1 = Inefficiency First, we have the storage of potential…
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