How I Built This with Guy Raz Unlocking the renewable energy revolution with Ramya Swaminathan of Malta Inc.
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Oct 12, 2023 Ramya Swaminathan, CEO of Malta Inc. and former hydropower expert, dives into the world of renewable energy with innovative ideas. She discusses the challenges of traditional battery technologies and introduces molten salt as a groundbreaking alternative for energy storage. Ramya explains how this solution could enhance grid stability and efficiency while navigating complexities in the energy transition. With an ambitious timeline for new projects, she underscores the urgency of adopting sustainable innovations to combat climate change.
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Hydrokinetic Venture
- Ramya Swaminathan and colleagues left financial services after the 2008 crisis to pursue hydrokinetic energy.
- This involved harvesting power from free-flowing rivers like the Mississippi using small turbines.
Renewables Storage Challenge
- Renewable energy sources like wind and solar are now the cheapest forms of energy generation.
- However, their intermittent nature poses a significant storage challenge.
Time-Shifting Energy
- Time-shifting energy, storing excess daytime solar power for nighttime use, is crucial for renewable energy.
- Google's Project Malta, now Malta Inc., aims to provide this low-cost, long-duration storage solution.