Re-imagining the energy grid ... through batteries (Two Indicators)
29 January - 17 minsWhen it comes to solar and wind power, renewable energy has always had a caveat: it can only run when the wind blows or the sun shines.
The idea of a battery was floated around to make renewables available 24/7. For years, it existed as an expensive, little-used technology. Then in 2021, it took off.
In this episode, we explore how this new energy market works in two states: California and Texas.
In California, there is now enough grid-scale battery storage to power millions of homes — at least for a few hours — and it's growing fast. What does this success mean for the grid, and how did the state support it?
Then, we visit Texas, whose approach is more free-market rodeo. The state has t...