Electricity storage: Making large-scale adoption of wind and solar energies a reality

Cornelius Pieper and Holger Rubel
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Cornelius Pieper: The Boston Consulting Group’s (BCG)
Holger Rubel: The Boston Consulting Group (BCG)

A chapter in Balanced Growth, 2012, pp 163-181 from Springer

Abstract: Abstract The growth case for using renewable energy remains very much intact, despite the effects of a global economic downturn, and the prospects for wind and solar photovoltaic (PV) power appear particularly strong. To realize this potential, however, these technologies will have to overcome a key hurdle: the challenge posed by their intermittent nature. Unlike other forms of renewable energy, such as hydropower and geothermal energy, the energy generated by wind and solar PV fluctuates. This fluctuation poses a sizable challenge to their integration into the power grid and their widespread adoption as bona fide mainstream power sources.1 While there are several potential answers to the challenges of intermittency, the most viable, we believe, is a credible form of electricity storage.

Keywords: Hydrogen Storage; Storage Facility; Balance Growth; Concentrate Solar Power; Compensation Capacity (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-642-24653-1_11

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DOI: 10.1007/978-3-642-24653-1_11

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