Large-scale storage of renewable energy is a sector of technology that is still relatively young. Still, it has developed swiftly in response to the growing demand for energy around the world that comes from sources that reduce the amount of greenhouse gas emissions. The most significant drawbacks of renewable energy are its reliance on the environment and its incapacity to store or transport power when it is required to do so.
The introduction of lithium batteries and the continuous improvements in battery technology have led us to a stage where the density is reduced, and life is improved beyond our wildest imaginations. This is why today, the majority of the world’s population is currently working on the development of renewable energy and storage technologies, which has completely disrupted the renewable energy business.
It is common knowledge that grid feed systems, in which solar energy is incorporated into the grid, are the primary source of support for the renewable energy industry. However, we cannot consider this type of energy sustainable because it depends on the availability of the sun, which may be present at some periods but not at other times. Because of this, a great number of enterprises that generate power are experiencing strain as this type of power is not consistently available. This means that they are required to control often their generation from time to time, which places a significant amount of strain not only on the power plants themselves but also on the financial resources of the generation businesses.
After the availability of a storage solution, this strain can be alleviated because large plants that have been installed by solar installation companies will be able to supply a consistent amount of power to the grid. At the same time, power generation companies will be able to plan their operations more effectively and be willing to pay more money than they would for simple grid feed solutions.
This will enable solar companies to compete more effectively with companies that distribute power if they implement storage solutions, as it will assist them in reducing the cost of generating electricity. Because of this, it will eventually be possible for us to imagine a future in which individuals will no longer require electricity from DISCOMS. This is because storage systems can be implemented locally, and power losses during distribution and maintenance will no longer be an issue.
Yes, adding renewable energy into storage technology can finally propel us towards a brighter future in which ordinary people can establish storage alternatives for renewable energy systems, share electricity over blockchain networks with one another, and become independent of distribution businesses.
The reduction of losses brought on by the upkeep of systems and the distribution of electricity over lines that have to go at least 100 kilometers is going to be one of the most significant benefits arising from this innovation. This means that power generation using fossil fuels won’t be able to compete with the cost of power generated using a renewable storage system as the cost of batteries decreases along with density and cycle life increases.
The result will be a sustainable future in which we will be able to enjoy a cost-effective electricity supply to our homes without polluting our environment, which is typically a direct result of the consumption of non-renewable sources. This means that we can now usher toward a sustainable future in which we will be able to enjoy a sustainable future in which we will finally be able to enjoy.
And the company which will make this future is none other than Su-vastika, a Government of India-recognized export house backed with multiple technology patents. Offering innovation at every stage, the ISO9001 and BIS-certified power generation company is going to lead this charge into the future, where renewable energy will finally be integrated with storage technology.
