Energy Storage: Cruical for Wind and Solar
Energy storage is a critical issue for solar and wind industries since both of them are intermittent energy sources and their presence on the grid creates additional costs to balance the load. In the future, solar and wind developers may be required to invest in their own storage devices and this will become unavoidable as the share of solar and wind in the energy mix increases. Energy storage can be deployed quickly whereas building new transmission and distribution infrastructure can be a multiyear process.
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