ABU DHABI: One of the biggest challenges facing humanity as it grapples with global warming caused by greenhouse gas emissions is how to supply clean, renewable energy at a competitive cost where and when it is needed.
Fortunately, a renewable form of energy such as solar, which is generated only during the day, can now be converted into electricity non-stop. In theory, at least, this opens up the possibility of boundless energy for the 1.2 billion people living in societies along the Earth鈥檚 so-called sunshine belt.
Through efficient exploitation of renewable energy sources such as solar and wind, coupled with state-of-the-art energy storage systems, many countries can not only power their everyday lives in a way that was impossible before, but can also reduce their dependence on fossil fuels.
A small but significant step was taken recently in the Middle East when Azelio, a Swedish solar-energy company, entered into a partnership with the Abu Dhabi Future Energy Company (Masdar) and Khalifa University of Science and Technology to run a pilot project evaluating new technology in power storage.
鈥淭he technology is important in order to have access to energy, which builds growth and wealth,鈥� Azelio鈥檚 CEO, Jonas Eklind, said.
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