Dems “Renewable” Energy Plans Face Battery Shortage As They Run Up Cost Of Reliable Fossil Fuels

GURPS

GURPS

INGSOC
PREMO Member
One aspect of wind and solar power that doesn’t get mentioned much is that the power generated from these energy sources must be stored in batteries to be used, as needed, by the public.

With no batteries, you get wind machines and bird fryers.

So the green justice plans to convert the entire nation to renewable energy use may fizzle as a result of a potential energy shortage.


U.S. renewable energy developers have delayed or scrapped several big battery projects meant to store electrical power on the grid in recent months, scuttling plans to replace fossil fuels with wind and solar energy.
At least a dozen storage projects meant to support growing renewable energy supplies have been postponed, canceled or renegotiated as labor and transport bottlenecks, soaring minerals prices, and competition from the electric vehicle industry crimp supply.
Click to expand...

The delays may last for quite some time, and to be primarily driven by supply chain issues.

“I have not seen a nascent industry challenged on so many fronts,” said Jamal Burki, president of IHI Terrasun Solutions, the U.S. energy storage arm of Japanese heavy equipment maker IHI Corp (7013.T).

European energy storage projects are also facing delays, but that region lags the United States in the development of grid-scale storage, making the issue less pronounced.
Ben Guest, fund manager at Gresham House Energy Storage Fund (GRID.L), which invests in battery projects in Britain, said he has seen two- to three-month delays in projects primarily due to component shortages and shipping challenges.
Click to expand...

legalinsurrection.com

Dems “Renewable” Energy Plans Face Battery Shortage As They Run Up Cost Of Reliable Fossil Fuels

One industry CEO says battery shortage will be followed by lack of raw materials.
legalinsurrection.com legalinsurrection.com
 
You must log in or register to reply here.
Top