lpetrich
Contributor
Breakthrough Solar System Uses Recycled Aluminum to Store Energy—Without Batteries
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Azelio - "Clean power when you need it" - "Thermal energy storage with dispatchable electricity"
It works by melting an aluminum alloy that melts at around 600 C. The heat is then recovered to generate electricity, using a kind of piston heat engine called a Stirling engine. From Stirling Engine ‹ Azelio
4 astonishing signs of coal’s declining economic viability - Vox
noting
Azelio - "Clean power when you need it" - "Thermal energy storage with dispatchable electricity"
It works by melting an aluminum alloy that melts at around 600 C. The heat is then recovered to generate electricity, using a kind of piston heat engine called a Stirling engine. From Stirling Engine ‹ Azelio
The system's Stirling engines then run electricity generators. The system is advertised as "dispatchable", and it looks like the case.The most prominent advantage of the Stirling engine – besides being carbon neutral – is its high efficiency. The Azelio Stirling engine conversion rate to electricity is substantially higher than in traditional CSP. Having developed a reliable and highly robust design the need for maintenance is kept to a minimum. Owning our own high-volume assembly facility ensures the high quality and keeps production cost down.
4 astonishing signs of coal’s declining economic viability - Vox
1. It is already cheaper to build new renewables than to build new coal plants, in all major markets.
2. Over half the existing global coal fleet is more expensive to run than building new renewables.
3. By 2030, it will be cheaper to build new renewables than to run existing coal — everywhere.
4. Investors stand to lose over $600 billion on doomed coal plants.
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It is not economics propping coal up
All of this raises the question: if more than half of current coal plants are uneconomic, and virtually all future coal plants will be, why are people still investing in them? How is coal defying market gravity, staying up despite the economic forces dragging it down?
Because most energy markets aren’t particularly market-like. They tend to be centrally planned and highly regulated, though they do range in the degree of regulation. The most competitive markets — “deregulated” markets where there is something akin to open competition among energy resources — are generally found in the EU. In the US, there is a mix of semi-regulated markets (with some competition) and fully regulated markets, wherein the entire electricity supply chain is controlled by monopoly utilities. The situation is similar in Asian countries, a mix with even more barriers to markets.
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Coal is kept alive by path dependence, political influence, and distorted markets. Killing it off for good is the capitalist thing to do.