Minnesota leading the way for renewable energy grid batteries

Back to All News

Minnesota leading the way for renewable energy grid batteries

September 2, 2017

Renewable energy is still a contentious subject in many parts of Minnesota, and across the country as well. The reliance on fossil fuels remains strong, and, even for those that support renewable energy and converting to renewables to meet our energy demands, the technology hasn’t quite made it as attractive, affordable, and efficient as it needs to be.

But this is changing. And quickly.

Part of the problem is that renewable energy is linked to its source, i.e. if the wind isn’t blowing, or the sun isn’t shining, windmills and solar panels become considerably less effective. This makes battery storage of those energies a crucial piece (perhaps most important piece) of renewable energy’s effectiveness and viability in replacing established fossil fuel counterparts in the long term.

Enter the University of Minnesota’s Energy Transition Lab. A recent study released by the team outlines the potential for new technology in energy storage in batteries, and how close we are to achieving what we need for grid batteries to replace fossil fuels as the more cost-efficient option. The study’s findings ultimately conclude that battery storage will soon be cheaper than building and maintaining natural gas power plants; it will ultimately be cheaper to meet Minnesota’s power needs with renewable energy within 5 years (by 2022).

All thanks to battery storage.

Read the full report: Modernizing Minnesota’s Grid: An Economic Analysis of Energy Storage Opportunities

SOURCE:  Twin Cities Agenda

Related Information