What if electricity cost more when the sun was shining?
Many utilities are using new electronic “smart meters” to adjust the price of electricity as often as every hour, to reflect supply and demand. And charging more when electricity is in short supply can be good news, increasing the value of solar by 33% or more.
Here’s one electricity storage technology that’s been around for over 20 years, under the radar, but might be due for a resurgence in interest with the addition of more wind power to the grid. Wind tends to blow at night when we don’t need it. [social_buttons] Steffes Electric Thermal Storage … [continued]
Storage is needed to harvest the full yield available from intermittent sources of energy like wind and solar. One of the options is compressed-air storage; till now only possible in underground caverns. But SustainX Energy Solutions; a Dartmouth College start-up that got $4 million in VC funding from Polaris Venture … [continued]
