Everyone seems to be talking about storage – and it looks as though the fast development of various battery technologies has lodged itself firmly in the minds and portfolios of investors. This is a good thing for us because with more financial support comes ever-increasing advantages to you, the end user. Assuming you’re enjoying your new system or contemplating a free Pure Power Solutions consultation, this may be just the rainy day for you to read on. (Is it raining?)
There are a couple of core issues to think about when we try to understand what’s got Wall Street fussing a little more loudly. It isn’t that energy collection itself is going to stop evolving any time soon. It’s more likely that lithium-ion will remain the front runner in storing the juice generated by wind, water and the sun. What’s at hand, and extremely exciting, is creating a delivery infrastructure that’s efficient and imminently responsive. (Just like our team. Yup.) It’s going in the direction of software.
While we here at PPS specialize in custom designing systems for on- or off-grid, our attention doesn’t stop there. Training, tuning and monitoring the system is what will not only make it perform optimally but encourage longer-lasting batteries. It isn’t easy being green, and bankers, utility companies and even entire nations have gotten wise to the idea that it’s time for major changes in the way we administrate all of this extra power. Various utilities have become integrated, and not even the petroleum industry is fully separate from battery storage any more.
With ideas come innovation. With innovation comes disruption comes rapid shifts in the ways certain things are done. As we saw the cotton gin, the Transcontinental Railroad and the discovery of fire turn things on its head, the age of alternative energy requires radical adaptation. We’re excited about the financing that’s flowing around all of this because it actually indicates a tighter union between environmental awareness and the nuts and bolts of economic development.
The players on stage are still improvising wildly because, as we’ve learned from Germany, Spain and China, change comes at a cost. When money is involved, risk is close on its heels, and governments experience a lot of pressure to make change attractive to its citizens. Colluding with banking industry becomes a priority, and we’ll touch on the important concept of tax credits when next we meet. Until then, enjoy a spot in the sun.