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Climate impacts can't be solved by renewables without energy storage
Our Future
We can't transition from use of fossil fuels to cleaner renewables if they are not plentiful, affordable and dependable.
Globally we are not close to any of these aims. Yet the clock is ticking to complete the energy transition.
The easiest way to create security of supply from unreliable renewables is to couple their growth to creation of big scale energy storage which lasts. And can deliver when they don't.
PWh for electricity generation
Renewables Future
The transition to renewables energy requires fundamental changes to create the infrastructure most relevant to future energy consumption. The need goes well beyond big electricity. Big scale thermal energy storage will be crucially important.
Energy Storage Investment
$1.5-3 Trillion
McKinsey
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