But wait... I thought countries were supposed to spend 170 billion, trillion, quadrillion dollars on new fleets of nuclear reactors, which take 20-25 years to develop and become operational? That was the only choice for solving baseload and intermittency, we were repeatedly told.
Read more here: https://www.msn.com/en-us/money/genera ... &ei=159(CNBC via MSN)
• A small Finnish town has turned to the world's largest commercial sand battery to tackle a major hurdle in the energy transition: intermittency.
• The giant sand battery can cover almost one month of the town's heating demands in the summer and as much as one week in the winter.
• "Hopefully a big portion of those storages could be sand battery-type of storages where we don't need rare earth materials," Tommi Eronen, CEO of Polar Night Energy, told CNBC.
A small town in southern Finland has turned to the world's largest commercial sand battery to fix what many see as the most critical problem facing renewable energy: intermittency.
Standing at 13 meters tall and 15 meters wide, the eye-catching facility uses 2,000 metric tons of crushed soapstone to store clean energy in the form of heat to provide 100 megawatt-hours of thermal energy.
