Welcome To The Future
It wasn’t that long ago when we thought wind energy was such a small amount of the overall generation mix that it would never prove to be a game changer. Well, today we know that over the years the incremental installation of wind generation has done just that. The next question might be – Is energy storage the next game changer? It looks like that could be very possible. We know that wind generation, along with other renewables, has driven the energy market prices down to unbelievable lows. Could energy storage and its ability to stabilize the power grid combined with wind energy have a similar effect on the energy market?
The link below will take you to a story that will likely become the new headline in the electric industry. Tesla has installed a 129MWh battery facility at a wind farm in Australia that is designed to stabilize the electric grid.
An accompanying article in this newsletter talks about the installation of a new energy storage facility in Springfield, Missouri. Although it is not nearly as large we will soon see more and more of these projects in the headlines. Because of the need to solve a problem, new technologies, and innovative minds we are experiencing things that seem a bit futuristic but the future is now.
