Part 2/11:
The presentation begins with an accessible explanation of what energy storage entails. Unlike consumer-level batteries for electric vehicles or personal gadgets, grid-scale energy storage addresses a broader challenge: renewable energy sources like solar and wind are inherently perishable. They produce energy only when the sun shines or the wind blows, which doesn’t always align with consumption patterns. Without storage, excess energy generated during peak times would go to waste, leading to lost investments and inefficiencies.