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New, Cheap Electric Energy Storage System (Like Pumped Hydro, But Subterranean!)
Two shortcomings experienced with renewable energy is lack of grid storage and outdated transmission infrastructure. This one helps address the grid storage side.Pumped Hydro Compressed Air Energy Storage (PHCAES) is a new system that can deliver stored energy at two to three cents per kilowatt-hour. This cost, far lower than that of lithium batteries, is...