Global Thermal Energy Storage Market Hits Its Stride with Emergent Applications
According to the U.S. Energy Information Administration (EIA), about 21% of all electricity generated across the world in 2011 was from renewable sources. The EIA reckons that this will rise to 25% by 2040. The increasing stress on scaling up the share of renewable energy in the power sector is also, in turn, resulting in a greater demand for efficiently storing that energy. This has turned the focus on alternative energy storage systems such as thermal energy storage, which adds...
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