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Battery storage overtaking pumped hydro -2025
Battery storage is rapidly catching up to pumped hydro, the long-dominant energy storage technology.
Battery capacity is expected to surpass pumped hydro by 2025. Batteries are seen as immature by some, but their rapid growth shows otherwise. Battery storage is becoming a major player in grids around the world. In Australia, batteries are replacing gas in peak hours and pumped hydro is struggling due to high costs. Battery storage excels at flexibility and speed, pumped hydro at longer storage duration. Batteries are still improving and their future looks bright. Read the article at https://reneweconomy.com.au/battery-...-pumped-hydro/
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. |
#2
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Fact Check
I asked Gemini AI to fact check the above information.
Answer: This statement about battery storage appears to be mostly true, with some nuances to consider: Battery Capacity Growth: Battery storage is indeed experiencing rapid growth. Experts predict its global capacity to surpass pumped hydro storage by 2025 https://theconversation.com/batterie...t-works-174446. Shifting Perception: Batteries are increasingly seen as a viable solution, although some may still view them as immature compared to established technologies like pumped hydro. Grid Integration: Battery storage is playing a significant role in integrating renewable energy sources into the grid. Australian Example: In Australia specifically, batteries are being used to manage peak demand periods, potentially replacing some gas peaker plants. Strengths of Each: Batteries offer flexibility and can respond quickly to changes in demand, while pumped hydro excels at storing energy for longer durations. Battery Improvements: Battery technology is constantly evolving, with advancements expected to further improve their capabilities. Nuances to Consider: Pumped Hydro's Role: While battery capacity might surpass pumped hydro, pumped hydro storage remains a valuable and mature technology with its own strengths. It's likely both will coexist in the energy mix. Cost Considerations: The statement about pumped hydro struggling due to high costs in Australia might require further research to understand the specific context. Overall, the statement in the previous post accurately reflects the growing importance of battery storage in the energy sector.
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. |
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