Malta Energy Storage began as one of the “moonshot” projects assigned to X, the innovation branch of Google. Now it has been spun off into a separate standalone business. Can it survive the rigors of the marketplace?
Swiss startup Energy Vault has devised an energy storage system that uses blocks of concrete weighing 35 tons a piece. It uses off the shelf technology but uses a new process to make the concrete blocks for a fraction of the cost of regular concrete.
Imagine confusion, trying to navigate streets in a Chinese haze where you can’t see across the street. It is like being in a dense fog where you are afraid to breath. Street signs are invisible even if you could understand them. Crossing the street on foot is more a matter of trust or hope than observation. The situation is in many ways similar to our gaze into a murky transportation future. “Is that an EV or a too silent hybrid bearing down on us out of the gloom? Do we hear the clatter of a diesel engine approaching or is that a familiar gasoline powered car about to run us over?” An unknown future creates anxiety.
