Electricity storage: Making large-scale adoption of wind and solar energies a reality

  • Cornelius Pieper
  • Holger Rubel
Chapter
Part of the Management for Professionals book series (MANAGPROF)

Abstract

The growth case for using renewable energy remains very much intact, despite the effects of a global economic downturn, and the prospects for wind and solar photovoltaic (PV) power appear particularly strong. To realize this potential, however, these technologies will have to overcome a key hurdle: the challenge posed by their intermittent nature. Unlike other forms of renewable energy, such as hydropower and geothermal energy, the energy generated by wind and solar PV fluctuates. This fluctuation poses a sizable challenge to their integration into the power grid and their widespread adoption as bona fide mainstream power sources.1 While there are several potential answers to the challenges of intermittency, the most viable, we believe, is a credible form of electricity storage.

Keywords

Hydrogen Storage Storage Facility Balance Growth Concentrate Solar Power Compensation Capacity 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2012

Authors and Affiliations

  • Cornelius Pieper
    • 1
  • Holger Rubel
    • 2
  1. 1.The Boston Consulting Group’s (BCG)CologneGermany
  2. 2.The Boston Consulting Group (BCG)FrankfurtGermany

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