Note "idea". I'm not an advocate or a press writer, so I'm not going to be portraying this as something that will inevitably happen very soon and make everywhere 100% renewable energy generation for 0.0000001p per KWh and electric cars with 1000 mile range that charge in 30 seconds at a cost of four pence.
But it is an interesting idea and it has passed peer review in a journal and an early experimental prototype has been built and does work.
The summary is that it allows at a viable cost a two-part battery with the energy stored in chemicals held seperately from the section that converts it back to electricity. So you can scale the storage up by having bigger tanks for the chemicals, which potentially makes bulk electricity storage possible. Since the chemicals are cheap, it's practical to fill huge tanks and store significant amounts of electricity. That would do a great deal to increase the efficiency of electricity generation and it would greatly reduce two of the biggest problems with renewables (lack of predictability and lack of control). Feed the grid from the battery as required, feed the battery from the renewable generation as and when possible - you don't need to continuously match generation to demand.
http://news.harvard.edu/gazette/story/2014/01/renewable-energy-breakthrough/
But it is an interesting idea and it has passed peer review in a journal and an early experimental prototype has been built and does work.
The summary is that it allows at a viable cost a two-part battery with the energy stored in chemicals held seperately from the section that converts it back to electricity. So you can scale the storage up by having bigger tanks for the chemicals, which potentially makes bulk electricity storage possible. Since the chemicals are cheap, it's practical to fill huge tanks and store significant amounts of electricity. That would do a great deal to increase the efficiency of electricity generation and it would greatly reduce two of the biggest problems with renewables (lack of predictability and lack of control). Feed the grid from the battery as required, feed the battery from the renewable generation as and when possible - you don't need to continuously match generation to demand.
http://news.harvard.edu/gazette/story/2014/01/renewable-energy-breakthrough/