Decarbonizing energy


Energy

Decarbonizing the economy requires a massive expansion of renewable electricity. The LDES Council argues that timely investment in long-duration energy storage would allow power systems to operate reliably even when a large share of electricity comes from variable renewable sources.

Global management consulting company McKinsey says commitments to LDES could reach C$4.3 trillion by 2040, and the investments will be profitable.

British company RheEnergise is claiming success with their implementation of an interesting technology. The company reports that its first project is operating consistently at its predicted output. The system uses a fluid 2.5 times denser than water, allowing it to generate power with less than half of the elevation required by conventional pumped hydro.

By making ordinary hills suitable for energy storage, the technology could greatly expand the number of viable pumped-hydro sites. RheEnergise says its system is cost-competitive and can be integrated with existing grid infrastructure. Combined with wind or solar generation, it could also provide reliable electricity supplies in remote communities that are not connected to a major power grid.

.



Source link

  • Related Posts

    📈 Conservatives, stand up – iPolitics

    Welcome to Economic Insights, your twice-weekly deep dive into the major projects and policy shifts shaping the Canadian economy. Stories we are following: – Bill C-39, the Building Canada Strong…

    Continue reading
    Heat it up – iPolitics

    The federal government is launching a new heat-pump rebate program worth $2 billion over eight years to encourage households to make the switch to more efficient energy systems. Ottawa estimates…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    OpenAI’s math solutions aren’t meeting the field’s standards yet

    OpenAI’s math solutions aren’t meeting the field’s standards yet

    Critical Role Just Gave a Controversial Answer to D&D’s Most Important Question

    Critical Role Just Gave a Controversial Answer to D&D’s Most Important Question

    Next-gen Leaders at the Estée Lauder Cos. Talk the Future of Beauty

    Next-gen Leaders at the Estée Lauder Cos. Talk the Future of Beauty

    Videos show USS Lincoln service members reuniting with loved ones after historic deployment

    Videos show USS Lincoln service members reuniting with loved ones after historic deployment

    Barrick to Report Third Quarter 2026 Results on November 9

    2026 NFL quarter-season awards: MVP, top rookies and coaches

    2026 NFL quarter-season awards: MVP, top rookies and coaches