Source: U.S. Energy Information Administration 860A Data. Despite its importance, grid-scale storage remains rare. Storing excess energy when demand is low and releasing it when demand is high:. Allows us to use existing generation resources more efficiently. Puts off the need for new generation. Can make intermittent renewabes (wind, solar) more feasible and economically viable. Nevertheless, the penetration of storage is low, and new technologies are struggling to gain a toehold. Act as a backup source...
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