We all know that renewable energy is the need of the hour and has many advantages to traditional sources of energy. But do you ever ask, if it is all good, why we are not using it completely?Why we are not using Renewable energy for all our energy needs?
Whenever this question has been asked, most of the people respond with two reasons:
1. It's expensive to use
2. It's unreliable or inconsistent
And yes, these are the two reasons which make it difficult for Renewable energy to become a sellable commodity. But when you will dig deeper, you will find that the root cause is only the reliability and inconsistency. So, if the wind is blowing well, we produce more electricity but if it's diminished, we don't get any electricity.
To make things more consistent, we use batteries, it solves our first problem but it increases the cost because batteries require regular maintenance and we have to replace them every couple of years.
The project we are going to discuss today is going to address this problem. And if we are able to bring down the cost of batteries, green energy will become super lucrative.
