The Intelligence from The Economist Current affairs: how batteries will green the grid
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Sep 5, 2024 
Vijay Vaiteswaran, Global energy and climate innovation editor at The Economist, and Anjini Trivedi, Global business writer at The Economist, delve into innovative battery technologies that are crucial for harnessing renewable energy. They discuss the urgent need for efficient energy storage solutions to manage the unpredictable nature of wind and solar power. Additionally, Anjini shares insights into the booming tourism trends across Asia, highlighting the shift in travelers' preferences post-COVID and the rising investments in infrastructure to accommodate this surge.
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Bridging the Energy Gap with Batteries
- Renewable energy sources like solar and wind are intermittent, creating gaps in energy supply.
- Batteries offer a solution to store excess energy and bridge these gaps, reducing reliance on fossil fuels.
Grid-Scale Battery Innovations
- The rise of grid-scale batteries offers a solution to the intermittency of renewable energy sources.
- Innovative technologies, like gravity-based storage and iron batteries, are emerging as alternatives to expensive lithium-ion options.
The Rise of Solar Drives Battery Demand
- The increasing affordability of solar energy has driven demand for complementary technologies to manage intermittency.
- Grid-scale batteries are emerging as a key solution to ensure a consistent and reliable clean energy supply.