Alternative Energy And The Need For A Proper Storage Technology
A number of energy storage technologies have been developed or are under development for electric power applications, including:
* Pumped hydropower
* Compressed air energy storage (CAES)
* Superconducting magnetic energy storage (SMES)
This is the future that we can safely anticipate, especially when there is a rapid depletion of other energy resources. Of course, the most important energy resource still remains the sun from where we can derive solar power and fulfill various energy and power requirements. Off late, many companies have started to build mono-crystalline and polycrystalline solar cells, which can be used in several sectors like aerospace, the aviation industry, residential power generation, traffic lights, automobiles etc. Solar energy apart from other renewable energies is being looked at as one of the key areas because it is a clean energy source.
Pumped hydro has been in use since 1929, making it the oldest of the central station energy storage technologies. In fact, until 1970...