EnergyWatch

Groundbreaking magnets will make energy storage efficient

A major challenge of our time is how to store the energy from wind turbines and solar panels. Uniquely, Danish technology could help overcome this issue.

Photo: LM Wind Power

Investors are lining up to invest in battery solutions to help store excess energy production from wind farms and solar panel plants. In the UK, the US, Finland, and Denmark, multiple acquisitions and investments have taken place in companies that offer battery solutions for renewable energy. The whole matter revolves around the fact that we cannot control how much the wind blows or the sun shines, and far too much renewable energy thus disappears into thin air.

However, the focus on batteries might be too narrow. A group of Danish research institutions and high-technology companies are now ready to launch a project to develop a prototype over the next four years for a brand new energy storage mechanism that could turn our current use of renewables upside down.

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