Lots of disturbing news this morning, fortunately, there are also positive developments.
As endless video content and computing devour more and more power, renewable sources and battery storage to balance demand are an obvious evolution.
Interestingly, people often cite payback periods in rejecting investment in power production and storage, while freely spending on aesthetic items like upgraded countertops and landscaping that have no hope of ever lowering operating costs.
For a long time, rising home prices made non-productive capital-allocation decisions seem justified. Now that home prices and revenue are falling in many areas, interest in reducing expenses and waste is back on the agenda.
Home battery storage systems are becoming an essential key to a successful energy transition. Australia has understood this and has acted promptly to embrace the technology. Spain’s recent blackout suggests European countries have a lot of catching up to do. So can we do it? Here is a direct video link.
