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    HomeTechnologyGreenTechThe 360-Gigawatt Reason to Boost Finance for Energy Storage Now

    The 360-Gigawatt Reason to Boost Finance for Energy Storage Now

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    By Daniel Morris, Clean Energy Lead, Climate Investment Funds (CIF), and Francisco Boshell, Head of Innovation and End-Use Applications, International Renewable Energy Agency (IRENA)

    Our world has a storage problem. 

    As the technology for generating renewable energy has advanced at breakneck pace—almost tripling globally between 2011 and 2022—one thing has become clear: our ability to tap into renewable power has outstripped our ability to store it. 

    Storage is indispensable to the green energy revolution. The most abundant sources of renewable energy today are only intermittently available and need a steady, stored supply to smooth out these fluctuations. Energy storage technologies are also the key to lowering energy costs and integrating more renewable power into our grids,…

    Read the full article originally published at cleantechnica.com.

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