ASAP

All the pieces of this world-changing plan actually exist and have been described in the January 2008 Scientific American "Solar Grand Plan" article, which was co-authored by ASAP. The object is to stabilize energy prices for generations to come by adopting the lowest cost, unsubsidized solar and wind production and distribution systems. We believe it is only a lack of public awareness that prevents the Plan from being immediately adopted... Storage of intermittent PV and wind electricity generation is essential to reduce fossil fuel electricity generation. U.S. battery storage capacity additions in 2023 was 5 GW, which brings cumulative battery storage capacity to 14 GW. While battery storage developers state a four-hour storage capacity, average battery capacity utilization in 2023 was only 1.3 hours per day. In essence, battery storage is being applied for modest peak demand shaving. ASAP's battery capacity additions forecast for 2024 is 8 GW with a 1.5 hour per day storage..

Primary location: Farmingdale United States