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Azeem Azhar's Exponential View

Why Energy Storage Is the Future of the Grid (with Malta CEO Ramya Swaminathan)

Azeem Azhar's Exponential View

EPIIPLUS 1 Ltd / Azeem Azhar

Openai, Intelligence, It, Society, Technology, Review, Ai, Investing, Science, Economy, Business, Artificial Intelligence, Automation, Robots, Exponential, Future, Tech News, Work, Government, Exponential View, Economics, News, Gpt, Azeem Azhar

51.1K Ratings

🗓️ 10 November 2021

⏱️ 52 minutes

🧾️ Download transcript

Summary

Renewable energy is the future of our power systems, but relying on solar, wind, etc. will require a more reliable and resilient grid. Energy storage will be essential, and Malta Inc.’s molten-salt system is one of the most innovative and promising technologies in the field. CEO Ramya Swaminathan joins Azeem Azhar to discuss why energy storage is so crucial to fighting climate change, how it could affect the economics of energy, and why the electric grid of the future will be more technologically diverse and complex than today’s.

Transcript

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0:00.0

There's no shortage of tech podcasts, but few give you a true dose of the future.

0:06.0

The A16Z podcast is an exception.

0:09.0

It takes you straight to the innovators behind new materials, data centers, self-driving cars,

0:14.0

even electric boats, eavesdrop on the future with the A16Z podcast.

0:24.0

HBR presents.

0:35.0

Hi there, I'm Azim Azar, and you're listening to the exponential view podcast.

0:38.0

Now every week I come together with a brilliant mind to explore how exponential

0:43.0

technologies are shaping our near future.

0:45.0

Now to take your exponential thinking further, you can sign up to my weekly newsletter

0:50.0

and for listeners of this podcast, there is a special 20% discount if you go to

0:54.0

www.exponentialview.co slash listener.

0:59.0

Now on to today's episode.

1:01.0

Renewable energy is going to be essential to securing that future, but the

1:06.0

methods we have for generating clean energy aren't without their shortcomings,

1:10.0

for one thing that intermittent.

1:12.0

A solar panel isn't much use at night and a wind turbine can't generate electricity

1:16.0

when it's not windy.

1:18.0

The opposite can also be a problem.

1:20.0

If a renewable power source produces excess electricity when demand is low,

1:24.0

it goes to waste.

1:26.0

These issues are becoming more pronounced as renewable penetration increases.

1:30.0

One solution, energy storage infrastructure.

...

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