Mastering The Energy Transition
The energy transition refers to the strategic shift from fossil energy sources to renewable energies like solar and wind. However, it also addresses scenarios for energy security and energy autarky, which are intended to reduce dependencies in the energy supply to a minimum.
The transformation also aims for comprehensive decarbonization of the energy sector, significantly reducing greenhouse gas emissions and playing a crucial role in the global fight against climate change. Advancing renewable energies not only reduces our dependence on fossil fuels but also promotes sustainable development in line with the UN Sustainable Development Goals (UN SDGs). This benefits the environment, stabilizes our energy supply, and contributes to a fair and just world.
Turn Challenges Into Opportunities
The success of the energy transition and the broader move towards renewable energy relies heavily on innovative technologies that are environmentally friendly, safe, and future proof. This requires a holistic approach. On the one hand, the expansion of renewable energies must be further strengthened. And on the other hand, the entire electricity network must also be extensively upgraded.
Seamless interaction between energy generation, distribution, and storage is essential. We see Long Duration Energy Storage (LDES) solutions, such as our Iron Salt Battery, as a critical link. It plays a crucial role in integrating renewable energies into the electricity grid by compensating for fluctuations and ensuring a continuous supply of electricity—all with high raw material availability and at an unrivaled cost per kWh.
Provision Of Base Load
In our white paper, we explain how wind and solar farms in combination with the Iron Salt Battery can ensure the provision of baseload. Learn more about the economic viability and relevance of LDES as a key technology to reduce greenhouse gas emissions and enable a net zero energy system.
