News Story
Acquiring Building Resilience through Innovation in Energy Storage Technology
This is why The U.S. Department of Energy is applying a risk-based resiliency approach to identify and minimize climate-related vulnerabilities across all of its policies, programs and activities. While the on-site power generation provides an immediate solution to these needs, it often encounters safety hazards. In addition to this on-site power generation, electric energy storage has recently garnered attention as a safer solution as there is great progress made in electrical energy storage technologies thanks to recent increased market demands for electric vehicles.
In September 2020, Tesla announced its battery breakthroughs and claimed it can lower battery costs by 56% on a $/kWh basis to approach $100 / kWh. If realized, this breakthrough reaches the National Renewable Energy Laboratory’s 2040 low-cost target for the utility scale battery storage operating over a four hour period.
Let’s imagine having an electric vehicle parked in your garage and serving as an emergency power solution without needing an on-site power generator anymore. Now is a time to consider developing air conditioning systems powered by the direct current electricity and storage system for the building resilience and efficiency.
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Published October 26, 2020