Cost-effective energy storage could turn electricity markets upside–down, yet there are some high hurdles to clear before this technology can come anywhere close to achieving widespread deployment, as Tim Probert reports.
The first law of thermodynamics states energy cannot be created or destroyed, only transformed from one type of energy to another. The second law of thermodynamics states when an energy transformation is made, some of the energy will be lost as heat. That is why there can never be a perpetual motion machine and why energy storage technologies have struggled to gain traction.
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