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I was quite excited by compressed air storage when Lightsail came into the picture almost 5-7 years ago. Sadly, they could not make the economics work and ended up pivoting into a company that sells carbon fibre tanks for high-pressure storage. As someone who follows the energy space closely, Lithium ion batteries now have so much momentum and $$$ pumped into them via R&D work, it's going to be hard for competing energy storage technologies to catch up. Flywheel and hydrogen fuel-cell also often come up but I think we're at a point now where batteries are going to take off simply because of their wide area of applicability. With that economy of scale costs will drive down and even more research and $$$ will flow. |
I've been surprised by the development honestly. 15 years ago I assumed heavy industry and automotive would make the big decisions about what energy storage tech we go with and the rest of the economy would follow suit and start working with either hydrogen fuels cells, supercapacitors, kinetic storage, or chemical batteries based on the R&D they did.
Instead it's been consumer electronics that led the way and heavy industry is stuck with chemical batteries because that's what worked best on an MP3 player.