2015
DOI: 10.1109/access.2015.2469255
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Massive Electricity Storage for a Developed Economy of Ten Billion People

Abstract: Presently, America's average electrical power consumption is ∼1.3 kW/p; in the world as a whole, it is ∼0.33 kW/p. If, for 2050, a world goal of 1 kW/p is adopted, this implies an average electric power draw of 1 GW for each population cohort of 1 000 000 residents; and the Earth will have ∼10 000 such cohorts. Multi-hour outages are already common; demand peaks daily; and renewable generation is intermittent. Hence, as a hedge against rare supply failures, each cohort would profit from local backup storage of… Show more

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Cited by 12 publications
(6 citation statements)
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References 87 publications
(104 reference statements)
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“…Grid-level storage will be an indispensable ingredient of future energy systems dominated by volatile renewable electricity sources [1]. As of today, storage options are limited and far from available in the required capacity [2]. Liquid metal batteries (LMBs) might help to economically bridge the storage gap [3].…”
Section: Introductionmentioning
confidence: 99%
“…Grid-level storage will be an indispensable ingredient of future energy systems dominated by volatile renewable electricity sources [1]. As of today, storage options are limited and far from available in the required capacity [2]. Liquid metal batteries (LMBs) might help to economically bridge the storage gap [3].…”
Section: Introductionmentioning
confidence: 99%
“…297,500,000.00 on December 07, 2017. Many people invest in Bitcoin as a long-term investment [6], [8], [9], [13], [14]. As a result, the value of Bitcoin in other currencies, such as the US Dollar, has increased.…”
Section: Introductionmentioning
confidence: 99%
“…By nature, electrical energy is not easy to store and nowadays there are several approaches to resolving this problem. Electrical energy can either be stored temporarily in an electrostatic form using supercapacitors [1][2][3], or be transformed into other types of energy, into mechanical form, with kinetic energy in the flywheels [4], or potential energy in water storages [5] or compressed air [6]. Sometimes, energy is naturally stored in the form of radiant energy in matter.…”
Section: Introductionmentioning
confidence: 99%