Amidst soaring oil prices, renewable energy advocates have two eyes of the needle to pass through.
The first is that their kilowatt hour of electricity production is currently higher than energy generated from more traditional fossil fuel sources, such as coal and hydrocarbons.
The second is a technological bottleneck – how to store the energy generated by wind and solar power, which depend on natural processes that are best inconsistent.
The wind doesn’t blow 24/7 and the sun goes down.
Accordingly, storage issues of electricity generated during the peak periods of optimum natural production are the second issue of renewable power generation, how to store and consistently release that energy generated during peak periods back to the grid when the evening comes.
It appears that a team at the Massachusetts Institute of Technology has found a way to address this conundrum. If so, they have a license to print money, and savvy investors should pay close attention to the news below.
In 2009 MIT Professor Donald Sadoway along with one of his best and brightest graduate students David Bradwell, began investigating “thinking outside the envelope” on battery design. Professor Sadoway and his team investigated new liquid batteries, designed to use low-cost, abundant materials, placing three layers of liquid inside a container: Two different metal alloys, and one layer of salt. The three materials have different densities that…